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by jpancake 6328 days ago
I live and work in San Francisco, and according to you I should be paying $620 a month in state income tax. According to my payslip I pay ~$420 (awesome) a month, $60 of which is for state disability insurance.
2 comments

He's ignoring the fact that tax rates are marginal. 9.3% only kicks in for amounts earned about 40 or 50k...I haven't look up the exact numbers. He's also ignoring various deductions and credits you can take.
How much do you contribute to 401K?
$0
Yes! I knew I wasn't the only one who thought that was worthless. Sure, it's a sweet deal from a tax perspective, but only if you trust the government.
Why so low?