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by thephyber 1132 days ago
Most likely your parent misunderstands the _marginal_ income tax rates.

That said, income tax is not the only kind of tax. In the US, federated government entities mean a mesh of taxes accumulate. Income tax + Payroll Tax + Social Security + Medicare + Property Tax + Sales Tax aggregate. CA and NY are a little higher than other competing states, but not by much.

1 comments

Property tax is the one that people always forget in the US - especially when looking at places with “low” overall tax rates like Texas.
Also NYC has city tax roughly between 3% & 4%.