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California already has very high taxes. I think marginal tax rates are higher in California than for UK tax residents, certainly for CGT, and roughly similar fo
by m11a 4mo ago
California already has very high taxes. I think marginal tax rates are higher in California than for UK tax residents, certainly for CGT, and roughly similar for income tax.
I'd say the fact that California remains the epicenter of tech despite its high taxes suggests concentration of talent matters far more than tax rates.
- disgruntledphd2 4mo agoYeah, the marginal rates for California are approximately the same as I pay in Ireland. The capital gains taxes are way lower though.