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A comment on The euro has tumbled near parity to the US dollar. Parent comment

Re:The euro has tumbled near parity to the US dollar by cactus2093 on Tuesday July 12, 2022 @01:53PM (#32073485)
If you count social security and medicaid taxes the $400k couple is paying 36% and the 600k couple is paying 40%.

So yeah it's not the majority of people in the Bay Area paying 40% but if both spouses are working at big tech companies and they're more than a few years into their career then they will likely be somewhere in this range and paying close to 40%

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Re:The euro has tumbled near parity to the US dollar by mercutio2 on Wednesday July 13, 2022 @12:51PM (#32085336)
I don't know how I managed to use a calculator that didn't include FICA, but for a single earner that barely changes the analysis.

A single earner (again, with the unusual state of no deductions) has to make $690k to reach 40%.

For a dual-high-income earner households I concede 40% effective isn't going to be uncommon.

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