Re:Startups Are Scooping Up Big Tech’s Cast-Off Workers
by thephyber on Thursday May 11, 2023 @12:49PM
(#35904801)
Most likely your parent misunderstands the _marginal_ income tax rates.
That said, income tax is not the only kind of tax. In the US, federated government entities mean a mesh of taxes accumulate. Income tax + Payroll Tax + Social Security + Medicare + Property Tax + Sales Tax aggregate. CA and NY are a little higher than other competing states, but not by much.
That said, income tax is not the only kind of tax. In the US, federated government entities mean a mesh of taxes accumulate. Income tax + Payroll Tax + Social Security + Medicare + Property Tax + Sales Tax aggregate. CA and NY are a little higher than other competing states, but not by much.