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Comment by 0xBDB

Income tax percentage in the U.S. ranges from negative counting credits (for the bottom 60% of taxpayers in states with no income tax) to a marginal rate of 52.7% plus a 1% surcharge on all income combining federal, state, and local for incomes over a million bucks in San Francisco.

Low income tax states tend to make up for it in other ways (sales tax, property tax, or both) but basically UK taxes would look extortionate to an Alaskan, painfully high to a Texan and probably pretty normal to a New Yorker or Californian.

parent 0xBDB 1 year ago

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