This just isn’t correct if you’re making above average money
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this is specifically who it’s correct for. our middle and lower tax brackets pay much less.
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Genuinely curious: how do you fix that?
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it's partly a cultural thing, so it's really hard. within the anglosphere industry is more greatly prized than politics, so our smartest young people tend to enter the private sector. but one idea i had was:https://twitter.com/micsolana/status/1162763405075181570?s=20 …
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Maybe look at what percentage goes to defense spending in each country
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agree this is a huge problem, indicative of poor governance
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Also: California has four times the population of Sweden in a similarly sized landmass.
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Also, California (unlike Sweden) has decent weather, but Sweden (unlike California) extends its fully first world infrastructure over its much less concentrated settlements.
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Data to support that assertion??
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The top state income tax rate in California is 13.3%. Since the top federal income tax rate is 37%, that makes the top total income tax rate in California 50%.https://www.bankrate.com/finance/taxes/state-taxes-california.aspx …
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