Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Sympthsical

(9,238 posts)
13. In California, the base amount after taxes is about $215k
Thu Aug 5, 2021, 02:17 PM
Aug 2021

Assuming no deductions.

But the federal income in that bracket is 35%. California is 11.6%.

Depending on where you live in California, that might not go as far as one thinks given housing prices. Live anywhere near the cities, and a 2 bedroom apartment will run you $3k-$5k a month.

I voted yes, then I started calculating.

Just something to keep in mind when discussing these things.

Given just how disparate living costs are in different areas, our flat rate taxation system may not make as much sense as it used to. Believe me, in many places, salaries aren't keeping up with the COL.

Latest Discussions»General Discussion»Do you support raising ta...»Reply #13