[jrodthree24]

Probably depends what you mean by high income. I think someone making 100k will not pay that much and that is considered high in a lot of places. But I am not sure that is considered high in NYC. High is probably more like 150k - 200k+ and that still wont be anywhere near 60%.

I do get to ~40% when you add up federal, state and city. I don't think anyone is really looking at an actual 60%. Maybe 50% if you're making like over a million.

[colatkinson]

Median household income in NYC for 2020 was $67k [0]. $100k (especially for a single earner, as is often the case in tech) is considered quite high, but not outrageously so if that makes sense? That's "1BR apartment in a nice but not too trendy neighborhood outside of Manhattan" money, so well on the upper side of middle class. I think people tend to overestimate how much money those outside of the tech bubble actually make.

[0] https://www.census.gov/quickfacts/fact/table/newyorkcitynewy...

[charrondev]

I’m in Quebec so I paid 29% on everything over 66k to federal and my provincial rates were 20% (over 50k), 26% (over 100k), and 29% (over 150k).

We also have a 15% sales tax. I paid more than a 50% effective rate last year. This is the cost of our social safety net. It feels like too much too me and I’ll be relocating next year.

[bawolff]

Quebec has one of the higher tax rates in canada. You still get a similar safety net in the rest of canada for lower (albeit still high if you are a high earner) taxes.