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Me Living In the US (lemmy.dbzer0.com)
submitted 1 year ago by to c/memes@lemmy.ml
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[–] 2 points 1 year ago (1 child)

1/3, huh? You must be a high-earning Californian or New Yorker. I don't think anyone else pays that much.

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  • [–] 3 points 1 year ago

    In California as a single person, with only the standard deductions and not deducting anything else (no health insurance or 401k) you would have to make 210k to pay 1/3 of your salary. If you pay $100 a month in health insurance premiums and put 5% into 401k then you have to make over 275k to pay 1/3 of your salary in income tax

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