The top state income tax rate will be 8.95%? Oh, the horror, the horror! I don't remember the CA rate ever being that low. Of course, now the push is on to get it up to 13% or something.
And the existing 9.3% rate in California kicks in a lot lower than $100k.
Seems odd, or sad, that if the 9.3% rate is hitting people below 100k, you wouldn't have a, say 25% or so rate for people like Torie.
Yeah, it actually kicks in pretty low, I just checked at it's at $47,000 of taxable income for single filers. If you live in San Francisco, that's barely middle class.