Thread: Discussion 52% in California? No, it's 57%
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Old Dec 05, 2012, 09:23 PM
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Quote:
Originally Posted by s2000 View Post
most honest and smartest people I know, and I say god bless them that they have the god given business acumen (and common sense) to make a bucketload of money in SPITE of the lunatics that have the run of California.
Doesn't change the fact that what they're claiming is probably untrue. Even Mitt Romney won't pay anywhere near 57% if he moves to CA.

Quote:
Originally Posted by s2000 View Post
Fed was about 37%,
Full stop, there's no such thing as a 37% effective federal income tax rate. The top tax bracket is currently 35%.
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