Re:Silicon Valley's Anti-unionism and Class Warfare
by sliverstorm on Friday July 12, 2013 @01:24AM
(#6031075)
Don't forget the total amount subtracted from your paycheck includes:
- Federal taxes
- State taxes
- Social Security
- Medicare
If you make 100k and pay 30% to California, your take-home would have to be like 40k, because the Fed will be taking some ~20% (effective; marginal rate would be 28%) and SS+Medicare is another chunk.
- Federal taxes
- State taxes
- Social Security
- Medicare
If you make 100k and pay 30% to California, your take-home would have to be like 40k, because the Fed will be taking some ~20% (effective; marginal rate would be 28%) and SS+Medicare is another chunk.