You have to combine the state tax. CA top is 13%. I didn’t know it was 11% only on that top tier level. So, 60% on some money, around 50% on the rest. Still seems like quite a bit.

I understand 400k is a lot of money, but giving half to the government isn’t right, in my opinion.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store