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A comment on Growing homeless camps contrast with West Coast tech wealth. Parent comment

Re:Growing homeless camps contrast with West Coast tech wealth by Veratyr on Tuesday November 07, 2017 @01:34PM (#15646116)
Looking solely at the tax bracket is a little deceptive. In reality, with a $92k income, you'll pay:

- $17196.25 Federal tax (https://www.irs.com/articles/2016-federal-tax-rates-personal... with standard deduction)

- $5518.58 California state tax (https://www.ftb.ca.gov/forms/2017-California-Tax-Rates-and-E... Schedule X, with standard deduction applied)

- $7038 for OASDI

So you actually pay 19% federal, 6% state and 7.65% OASDI, for a total of 32.65%.

It's still bad but not 45%.

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