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Where do you get those numbers from? If you're taking the top tax bracket, don't, that tells you absolutely nothing about an individual's effective tax rate.



In NYC you will pay about 50% of your gross income if you are just barely qualify for the marginal top tax bracket. Of course these numbers mean squat for your own personal situation:

Federal - ~25% effective, not marginal

State - 8%

Local - 4%

Payroll - 13% on the first 100k or so. 2.5% on the rest.

Sales Tax - 9%




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