Many people actually have local taxes (property taxes, city sewer fees, etc, etc) to deal with, also.
There's also social security/FICA.
When you factor all this in, staying the typical six figure earning is paying 35%+ "in taxes" is not unrealistic.
Many people actually have local taxes (property taxes, city sewer fees, etc, etc) to deal with, also.
There's also social security/FICA.
When you factor all this in, staying the typical six figure earning is paying 35%+ "in taxes" is not unrealistic.