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Estimated tax burdens in California
tbloxham
Registered User regular
Registered User regular
The US tax system is simply too complex and obtuse for me to make any kind of reasonable prediction as to how much tax I might end up paying while I work somewhere. With both federal and state and so many other taxes, there seems to be nowhere to tell me what the overall tax burden is on average.
Perhaps one of you can make an estimate from your experience?
If someone is single, living in California, employed by someone else, and has nothing special about them to exempt them from tax about how much income tax (either local, federal, state, compulsory Medicare contributions and so forth) will they pay if they earn about 50000. I just need an approximate figure to put into a preliminary budget I'm making, and the sites about tax in the US are so mind blowingly confusing!
Perhaps one of you can make an estimate from your experience?
If someone is single, living in California, employed by someone else, and has nothing special about them to exempt them from tax about how much income tax (either local, federal, state, compulsory Medicare contributions and so forth) will they pay if they earn about 50000. I just need an approximate figure to put into a preliminary budget I'm making, and the sites about tax in the US are so mind blowingly confusing!
"That is cool" - Abraham Lincoln
tbloxham on
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http://www.moneychimp.com/features/tax_brackets.htm