Ya, someone single making $150k/year is paying an effective state income tax rat...

seanmcdirmid 10 months ago | parent | context | favorite | on: Wealthiest Californians are leaving the state. It'...

Ya, someone single making $150k/year is paying an effective state income tax rate of 7% (and an effective federal income tax rate of 17.82%). But I get the very conservative simplifications parent was making to make their point.