Comment Comment by thrwhizzle Texas.That would depend on how you classify 1%.The effective tax rate for an individual earning $400k would be around 31%.Like I said, even approaching 40% is obscene. 50-55% is absolute thievery. I would relocate from Texas if my effective tax was even close to 40%. parent thrwhizzle 5 years ago
That would depend on how you classify 1%.
The effective tax rate for an individual earning $400k would be around 31%.
Like I said, even approaching 40% is obscene. 50-55% is absolute thievery. I would relocate from Texas if my effective tax was even close to 40%.