How the tax changes affect you
For estimation purposes only. Calculations are based on statewide medians and averages and does not fully take into account taxes on purchases of big-ticket items, specific tax deductions such as large mortgages, etc. Federal tax implications are not taken into consideration. Married classification assumes married couples and registered domestic partnerships filing jointly. Single with children assumes head of household status.
Sources: California Legislature; Tax Foundation; Census Bureau; State of California Franchise Tax Board
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