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Reply to "Is it even possible to be in a 60's percent tax bracket???"
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[quote=Anonymous]I think he is between saying fed income tax and state income tax and then property tax, etc puts him at paying over 60 cents on the dollar to taxes. Many in NYC are in the same boat. Many are leaving CA for Texas or other states with no state tax. If he moves to TX he saves 14% in taxes right off the bat. [/quote]
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