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Old 11-22-2019 | 09:44 AM
  #31  
Back2future
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Joined: Feb 2019
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Originally Posted by LumberJack
That's not how income tax works.
Those are buckets.
Marginal tax rates are hard

I'm not sure what income assumptions are being used but I found a tax calculator and the effective income tax rate for 250k is 8.04% in California.
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