Comment by briHass
3 years ago
Don't forget, however, that the $45K landscaper probably pays zero in Federal taxes, while the 900K dev (assuming it was all cash, which it isn't) is losing a third of that to Fed taxes alone, and tons more to State and local.
I'm not saying the highly-paid developer is hurting, but the better question is why does it cost $675/year to register a vehicle in CA? Our income tax system is already highly progressive, so why do we have all these other stealth taxes that hurt low incomes the most.
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