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Re:Tesla’s headquarters will move to Austin by notJim on Thursday October 07, 2021 @08:41PM (#28794167)
> High earners pay an effective tax rate of > 50%

How so? I put a salary of $300k in SF here, and came up with 38%: https://smartasset.com/taxes/california-tax-calculator#c0piT.... Obviously Fremont workers do not need to live in SF.

Re:Tesla’s headquarters will move to Austin by pvarangot on Thursday October 07, 2021 @08:54PM (#28794294)
I payed >50% for two years but I was above 400k.

Honestly, coming from a third world country where I got taxed more and having had to work in Austin and Atlanta before on previous jobs, taxes are the least of my complains for California. Yeah they should fix property taxes... but my main complaint is that even though all politicians like speaking a mouthful about helping the poor and how broken healthcare is, every single government program that's supposed to help the mentally ill is utterly and completely broken beyond belief. And I'm saying this coming from Argentina that as a country has around the same population and way less GDP.

Literally the only thing about California that doesn't feel "first wordly" as all the nice places in Europe I've been to is how it deals with people that need mental health or that have housing issues. I tried discussing this with every other politician I meet or something but besides condescending smiles because of the perceived trauma they think growing up in Latin America caused (it didn't) I never get any iota of acknowledgement that something in the world is wrong. Except for the Republicans, which is the only problem in the US, apparently.

Re:Tesla’s headquarters will move to Austin by yeaman1231 on Thursday October 07, 2021 @11:36PM (#28795473)
I feel you, swap out Latin America for Middle East and Argentina for Iraq and thats been my experience here
Re:Tesla’s headquarters will move to Austin by hytdstd on Thursday October 07, 2021 @08:46PM (#28794230)
From that calculator, it seems that you need to be making $2.3M in Fremont, CA to get to 50%.
Re:Tesla’s headquarters will move to Austin by Epenthesis on Thursday October 07, 2021 @08:47PM (#28794234)
Put in 3 M$/yr and you'll get 50.7%.

Not a lot of people hitting that regularly, but I imagine it can sting a little if you've got a more proletarian salary normally and are hitting that region just once because of say, a start up liquidity windfall

Re:Tesla’s headquarters will move to Austin by redisman on Thursday October 07, 2021 @09:28PM (#28794616)
Worlds smallest violin
Re:Tesla’s headquarters will move to Austin by smnrchrds on Thursday October 07, 2021 @08:54PM (#28794298)
I think they mean all taxes, including property tax, which you may pay directly as a homeowner or indirectly as a tenant.