Quote:
Originally Posted by CyberSEO
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"55.9% (max of federal+state+local) 10%-39.6% (federal) + 0%-13.3% (state) + 0%-3% (local) "
That's max rate, and that is only in one state and you have to earn like 1M+ per year...
there are also various exemptions, credits and loop holes too... then there is sales tax, payroll tax and other taxes as well...
so it's impossible to draw any conclusions from that table...
more accurate analysis might be here:
source:
http://www.taxpolicycenter.org/brief...ernational.cfm