Top federal income tax: 37% Top California income tax: 13.3% Federal Medicare tax: 1.45% Additional federal medicare tax*: 0.9%
Adds up to 52.3%.
There's also a sizeable additional capital gains tax for three lucky ones who live in California.
Top California income tax: 13.3%
At least our public schools are ranked 38th.
My go-to is "at least we'll have a fast train between Bakersfield and Fresno in 2040" but damn, you hit me in the feels with that one.