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TX has more tax than CA
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2021-03-03 at 2:42 PM UTCTotal (EDIT) State and Local Income (EDIT) Taxes Paid, by Income Bracket:
Lowest 20% of earners pay 13% of their income to state and local taxes in Texas. In CA, that number is 10.5%. CA seems to be the clear winner for that group, right?
2nd lowest 20% of earners pay 10.9% of their incomes to state and local in TX. Same date for CA: 9.4%. Again, CA wins.
Middle 20% of earners: TX - 9.7%. CA - 8.3%. So CA wins again.
Next 20% of earners: TX - 8.6%. CA - 9.0%. Finally TX wins, but it's a squeaker. And is that 0.4% in taxes you save make up for how far you are from actual mountains or an actual ocean? EDIT: transposed the percentages when I first posted this, as an observant gent kindly pointer out - corrected the problem.
Next 15% of earners: TX - 7.4%. CA - 9.4%. Finally TX has a clear advantage over CA.
Next 4% of earners: TX - 5.4%. CA - 9.9%. TX wins again!
Top 1% of earners: TX - 3.1%. CA - 12.4%. Huge win for wealthy TX people! Kind of obscene comparing the 3.1% they pay to the 13% that the bottom 20% pay in TX, though.
I'd say, for most people, the TX tax system takes more of their incomes than the CA tax system and the data seems to back that up. It's only among the top 20% of earners when the tax advantages of living in TX kick in. So, living in TX saves Joe Rogan a lot of money, but for most folks it doesn't, or it might well cost them money.
Source: https://itep.org/whopays/
ITEP compares state and local tax systems in all 50 states plus DC. Their data accounts for all state and local income, property, sales and excise taxes. -
2021-03-03 at 2:43 PM UTCConservatives have always been a party of the wealthy, making money off the back of the poorest, whilst selling them a bullshit dream-lie. In the U.K studies have shown that the Conservatives borrow more money and pay back less public debt (whilst claiming to be the party of fiscal responsibility) than socialist or left leaving governments. On the topic of Socialism, Americans have also been sold a lie there, by the richest people, that benefit the most from a lack of socialism - that's why most Americans seem to work like dogs and are regularly treated like shit by employers. People should realize that at the end of the day the ONLY thing that should matter is how your government treats you, Conservative governments rarely make life better for anyone lower middle class and down.
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2021-03-03 at 2:47 PM UTCi dont get it
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2021-03-03 at 2:49 PM UTC
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2021-03-03 at 2:56 PM UTC
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2021-03-03 at 6:35 PM UTC
Originally posted by Antifa Member Total (EDIT) State and Local Income (EDIT) Taxes Paid, by Income Bracket:
Lowest 20% of earners pay 13% of their income to state and local taxes in Texas. In CA, that number is 10.5%. CA seems to be the clear winner for that group, right?
2nd lowest 20% of earners pay 10.9% of their incomes to state and local in TX. Same date for CA: 9.4%. Again, CA wins.
Middle 20% of earners: TX - 9.7%. CA - 8.3%. So CA wins again.
Next 20% of earners: TX - 8.6%. CA - 9.0%. Finally TX wins, but it's a squeaker. And is that 0.4% in taxes you save make up for how far you are from actual mountains or an actual ocean? EDIT: transposed the percentages when I first posted this, as an observant gent kindly pointer out - corrected the problem.
Next 15% of earners: TX - 7.4%. CA - 9.4%. Finally TX has a clear advantage over CA.
Next 4% of earners: TX - 5.4%. CA - 9.9%. TX wins again!
Top 1% of earners: TX - 3.1%. CA - 12.4%. Huge win for wealthy TX people! Kind of obscene comparing the 3.1% they pay to the 13% that the bottom 20% pay in TX, though.
I'd say, for most people, the TX tax system takes more of their incomes than the CA tax system and the data seems to back that up. It's only among the top 20% of earners when the tax advantages of living in TX kick in. So, living in TX saves Joe Rogan a lot of money, but for most folks it doesn't, or it might well cost them money.
Source: https://itep.org/whopays/
ITEP compares state and local tax systems in all 50 states plus DC. Their data accounts for all state and local income, property, sales and excise taxes.
Aren't you forgetting Texas doesn't have a state tax...add the California state income tax and then get back to us with those numbers.
(lets not even discuss other taxes for the moment such as property tax etc...) -
2021-03-03 at 7:12 PM UTCTaxes...Texas...FUCK 'EM BOTH ! ! !
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2021-03-03 at 8:11 PM UTCedited for privacy
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2021-03-03 at 8:21 PM UTCall profit is theft, all taxes are theft
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2021-03-03 at 8:49 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2021-03-03 at 8:53 PM UTC
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2021-03-03 at 8:53 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2021-03-03 at 9:09 PM UTCThis isn't particularly shocking. If you're a poor and you're spending all of your income then yes, obviously you're going to be paying more sales tax as a percentage of your income. If you can put money away, especially if you're smart and you put money away in a tax advantaged way (i.e. IRA/401k), then you're deferring that tax until retirement. It's not like you never end up paying it, you just don't pay it when you earn it. You notice it explicitly excludes elderly tax payers.
It's not actually such a bad system, it encourages saving for retirement. Something americans would really benefit from doing more of. -
2021-03-03 at 9:13 PM UTCI'm saving for a brand new motherfucking snowmobile,, $17,357.00
I got 450 saved so far and when I sell my nice truck I'll have bout $9500.00 towards it,, its gonna look good in the back of my 1000 dolla toyota next winterThe following users say it would be alright if the author of this post didn't die in a fire! -
2021-03-03 at 9:13 PM UTCdid your mom really give infinityshock a two-hole for-one special
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2021-03-03 at 9:27 PM UTC
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2021-03-03 at 9:27 PM UTC
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2021-03-03 at 9:27 PM UTC
Originally posted by Ghost no they lost it for a month
the government should instead of destroying all those drugs, sell it on the retail market and use that as the tax base
Didn't happen across the whole atate, dumbass. Not even 1% of it. Most of Texas lost power. Their entire grid shut down. California shut off their grid on purpose. -
2021-03-03 at 9:35 PM UTC
Originally posted by Antifa Member Didn't happen across the whole atate, dumbass. Not even 1% of it. Most of Texas lost power. Their entire grid shut down. California shut off their grid on purpose.
So did Texas dumbass...they shut it down on purpose or otherwise it would have melted down and we'd not have had power for weeks/months. -
2021-03-03 at 9:35 PM UTC
Originally posted by Lanny This isn't particularly shocking. If you're a poor and you're spending all of your income then yes, obviously you're going to be paying more sales tax as a percentage of your income. If you can put money away, especially if you're smart and you put money away in a tax advantaged way (i.e. IRA/401k), then you're deferring that tax until retirement. It's not like you never end up paying it, you just don't pay it when you earn it. You notice it explicitly excludes elderly tax payers.
It's not actually such a bad system, it encourages saving for retirement. Something americans would really benefit from doing more of.
The poor can't afford to put anything away you retard. Saving for retirement shouldn't be essential you capitalist pig. The state should take care of everyone.
