PolicyEngine / policyengine-taxsim

TAXSIM emulator using the PolicyEngine US federal and state tax calculator
MIT License
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CA 2023 huge wage single #100

Open feenberg opened 1 week ago

feenberg commented 1 week ago

CA huge wage single

http://taxsim.nber.org/out2psl/ca

This is a small difference (900) on 10 million in wages, but I am guessing that the emulator subjects the entire taxable income to the Mental Health Services Tax (line 62) without the $1 million threshold subtraction.