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by kelnos
861 days ago
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I find it weird that people quote top-tax-bracket rates and try to use tha tto directly compare state taxes. That's nonsensical. You need to compare the effective tax rate that people pay. When I was making bank at tech, sure, I was in CA's top tax bracket. But I never paid that rate across all my income. My effective tax rate was quite a bit lower. |
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This seems to be a strangely common cognitive pitfall - I’ve seen so many people talk about progressive tax rates that way, even claiming that a raise would cost them money, and it’s not like this is a secret or requires advanced math skills.