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It looks like my effective tax rate is going to be 28.6% of my gross income. Is that even legal? Or is it just because I live in [removed] state California?
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June 4, 2019
12:25 PM
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State tax filing
See 2017 Tax Brackets
https://taxfoundation.org/2017-tax-brackets/
On this page, you will see tax brackets from 10%-39.6 %
Also see 2017 California Tax Rates and Exemptions
The maximum rate for individuals is 12.3%
https://www.ftb.ca.gov/forms/2017-California-Tax-Rates-and-Exemptions.shtml
June 4, 2019
12:25 PM