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Re:Marginal income tax rates for a single California residen... by eggoa on Wednesday May 12, 2010 @09:52PM (#1342975)
The Californian would be taxed 42% of his 50,000th dollar. Overall I believe he's paying less than 26% of his entire income.
Re:Marginal income tax rates for a single California residen... by petercooper on Wednesday May 12, 2010 @09:55PM (#1342985)
Doh, good call. I fell into the marginal vs total trap I tried to cover in my first paragraph, lol. I'll add a note.