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A comment on Inequality, Interest Rates, Aging, and the Role of Central Banks. Parent comment

Re:Inequality, Interest Rates, Aging, and the Role of Centra... by nemo44x on Wednesday September 01, 2021 @09:58AM (#28379891)
Yeah at $75,000 your effective tax rate is around 17% in most states with state income tax and probably around 15% in states that do not.

Of course this doesn't cover property tax, sales tax, etc.

This is a handy calculator to calculate effective tax rates:

https://smartasset.com/taxes/income-taxes

[ Parent | on HN ]
Re:Inequality, Interest Rates, Aging, and the Role of Centra... by davidgay on Wednesday September 01, 2021 @10:07AM (#28380010)
That page is not exactly neutral though: it includes FICA (not completely unreasonable, though maybe uncommon) and includes FICA in Household Income (who knows their income with FICA included?).
[ Parent | on HN ]