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by cmbell715 1800 days ago
Well yeah, California has by far the highest state income tax. And I’m guessing some of the bigger cities have city tax as well.

But in a state like TN or FL that don’t have that burden, it’s far less. Just for my main FTE in TN for 2020, I paid 12.5k on 150k (I also have 3 kids, so there is some tax credit there).
1 comments
dragonwriter 1800 days ago
> Well yeah, California has by far the highest state income tax.

Its top marginal rate is 2.3% higher than Hawai’is, but also kicks in at almost 3× the taxable income (nearly $600K).

Its rate is lower than Oregon's from where Oregon's top rate kicks in to more than double that income. Its bottom nonzero rate is below the rates of the states that have flat income taxes.

> And I’m guessing some of the bigger cities have city tax as well.

Well, if by “some of the major cities” you mean “the single combined city and county”, sure. But only that one.

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cmbell715 1800 days ago
Fair enough but at $150k, Hawaii is actually at 8.25% (jumps up to 9% for 150,001-175k) while California is at 9.3% from $56k-286k. Oregon’s top bracket is 9.9%, but kicks in at $125k, and 9% from $8,401-124,999.

So effective net income from a $150k job, barring deductions, in California is $98k (Oregon is virtually identical give or take $100) vs Hawaii at $100k.

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