Wow! Players brutally taxed by California

[Sled21]

(02-09-2022, 11:27 AM)fredtoast Wrote: There is no way in hell these numbers are correct.

$47,700 taxes on $75K
$48,000 taxes on $150K

And it is impossible to be taxed at a rate over 100%.  So no way Hendrickson would owe $75,450 taxes on $75,000 income.

State income taxes paid are a deduction on Federal Income taxes due.

This guy does not know what he is talking about.

SALT was capped at 10K was it not?