Just out of interest Income and State taxes in California outlined below.
Mentioning because of all the crap about Sean and the BOD selling converted vested RSU shares to pay tax- mainly on the crapper.
Aussies have this 'idea' that taxes in the USA are generally low because the Fed rate is lower but its not widely understood that other taxes apply. They get really peed off on the crapper when i post about Sean and Tony V holdings and the whopping size of inside holdings.
Mentioning because of all the crap about Sean and the BOD selling converted vested RSU shares to pay tax- mainly on the crapper.
Aussies have this 'idea' that taxes in the USA are generally low because the Fed rate is lower but its not widely understood that other taxes apply. They get really peed off on the crapper when i post about Sean and Tony V holdings and the whopping size of inside holdings.
- Federal income tax: 22% (37% once your supplemental wages exceed $1,000,000)
- California income tax: 10.23%
- Medicare tax: 1.45%
- Additional Medicare tax: 0.9% (once your total wages exceed $200,000)
- Social Security tax: 6.2% (up to the wage limit)
- California State Disability Insurance: 1.2% (up to the wage limit). If you don’t live in California, your locality may have its own version of state disability or other payroll taxes.