USA Tax System
Apr 19th 2004 | 9:00 am
#1
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
USA Tax System
Can someone please kindly tell me what the salary income tax brackets are in this country especially for California?
E.g a person on $50,000,$100,000 or $200,000?
THX
E.g a person on $50,000,$100,000 or $200,000?
THX
Apr 19th 2004 | 9:14 am
#2
former Rochesterian
Joined: Apr 2003
Posts: 179
From: Maryland / husband originally from England
Re: USA Tax System
Originally posted by veryfunny
Can someone please kindly tell me what the salary income tax brackets are in this country especially for California?
E.g a person on $50,000,$100,000 or $200,000?
THX
Can someone please kindly tell me what the salary income tax brackets are in this country especially for California?
E.g a person on $50,000,$100,000 or $200,000?
THX
http://www.bankrate.com/brm/itax/2003taxrates.asp
Apr 19th 2004 | 9:34 am
#3
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Re: USA Tax System
Originally posted by katina
Is this what you're looking for?
http://www.bankrate.com/brm/itax/2003taxrates.asp
Is this what you're looking for?
http://www.bankrate.com/brm/itax/2003taxrates.asp
Apr 19th 2004 | 10:43 am
#4
Arrogant ****
Joined: Jan 2004
Posts: 4,323
From: Plano, TX
However, those tax rates are just for Federal Income Tax, and do not include the income tax levied by individual States (unless, like me, you live in a state that doesn't have a State Income Tax 
).
Figures are here:
CA State Income Tax
and note that it can add up to 9.3% onto the Federal Income Tax level!
).Figures are here:
CA State Income Tax
and note that it can add up to 9.3% onto the Federal Income Tax level!
Apr 19th 2004 | 10:59 am
#5
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Originally posted by dbj1000
However, those tax rates are just for Federal Income Tax, and do not include the income tax levied by individual States (unless, like me, you live in a state that doesn't have a State Income Tax).
Figures are here:
CA State Income Tax
and note that it can add up to 9.3% onto the Federal Income Tax level!
However, those tax rates are just for Federal Income Tax, and do not include the income tax levied by individual States (unless, like me, you live in a state that doesn't have a State Income Tax
).Figures are here:
CA State Income Tax
and note that it can add up to 9.3% onto the Federal Income Tax level!
Apr 19th 2004 | 12:46 pm
#6
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From: Chicago, Il
if you're coming from the UK.. I can tell you that California is not as bad as the UK...
Apr 19th 2004 | 1:43 pm
#7
British/Irish(ish) Duncs
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From: Cambridge MA, via Mississippi and Belfast Northern Ireland.
Originally posted by USBound
if you're coming from the UK.. I can tell you that California is not as bad as the UK...
if you're coming from the UK.. I can tell you that California is not as bad as the UK...
Apr 19th 2004 | 1:51 pm
#8
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I would never say the NHS was free.... <can o worms alert>
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
Apr 19th 2004 | 2:13 pm
#9
Joined: Dec 2001
Posts: 53,356
From: Dixie, ex UK
Originally posted by Duncs ...... Saying that most european nations have considerably more and higher sales and consumption taxes. .....
But then free health care!
Apr 19th 2004 | 6:27 pm
#10
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Originally posted by USBound
if you're coming from the UK.. I can tell you that California is not as bad as the UK...
if you're coming from the UK.. I can tell you that California is not as bad as the UK...
Apr 19th 2004 | 6:28 pm
#11
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Originally posted by Duncs
actually i would be suprised if once you take federal tax + state taxes and then add on the payroll tax, unemployment insurance and of course your monthly health care costs that the difference is a big as you might think. The USA has a horribly inefficient tax system compared to the average european nation. Saying that most european nations have considerably more and higher sales and consumption taxes. But then free health care!
actually i would be suprised if once you take federal tax + state taxes and then add on the payroll tax, unemployment insurance and of course your monthly health care costs that the difference is a big as you might think. The USA has a horribly inefficient tax system compared to the average european nation. Saying that most european nations have considerably more and higher sales and consumption taxes. But then free health care!
Apr 19th 2004 | 6:30 pm
#12
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Originally posted by USBound
I would never say the NHS was free.... <can o worms alert>
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
I would never say the NHS was free.... <can o worms alert>
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
Apr 19th 2004 | 6:33 pm
#13
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From: Nevada b4 California b4 Colorado b4 Valley of plastic and sand, b4 London
Originally posted by Pulaski
.... and income, and payroll/ social security taxes, ..... and property taxes, and energy taxes, ........ and alcohol and tobacco duties.
Er, I don't believe so, health care in Europe is mostly private/ insurance based (see payroll/ social security taxes, above).
.... and income, and payroll/ social security taxes, ..... and property taxes, and energy taxes, ........ and alcohol and tobacco duties.
Er, I don't believe so, health care in Europe is mostly private/ insurance based (see payroll/ social security taxes, above).
Apr 20th 2004 | 5:20 am
#14
British/Irish(ish) Duncs
Joined: Jan 2003
Posts: 700
From: Cambridge MA, via Mississippi and Belfast Northern Ireland.
Originally posted by USBound
I would never say the NHS was free.... <can o worms alert>
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
I would never say the NHS was free.... <can o worms alert>
From what I've found I pay A LOT less as a direct percentage of the gross amount of my paycheck. In the UK it was about 35->40% here its about 25%... thats huge
plus - sales tax is 8%
i was in the top 5% of earner in the UK i paid around 30% in taxes. Of course VAT is 17.5% so sales tax is higher and petrol alcohol are also taxed. But watch this space i predict a federal VAT/sales tax will be created in the next decade to try to bring down the deficit and cover Social security and medicare costs. Taxes in the USA will increase in the next decade nd we wont get much back for it.
Apr 20th 2004 | 5:22 am
#15
British/Irish(ish) Duncs
Joined: Jan 2003
Posts: 700
From: Cambridge MA, via Mississippi and Belfast Northern Ireland.
Originally posted by veryfunny
I maybe offered free health care by a company which I may end up working for, so this must be an advantage.
I maybe offered free health care by a company which I may end up working for, so this must be an advantage.
