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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (652647)4/24/2012 2:34:52 PM
From: Brumar891 Recommendation  Read Replies (3) | Respond to of 1579738
 
Top federal income tax rate is 35%, currently. Top CA state income tax rate is 10.3% per the internet. Medicare self-employed rate is 2.9% on all income. Gets you to 48.2% marginal rate on high income folks in CA. Pretty darn close to half of the marginal income for high income folks. Wonder why they stay in CA?