The Palisades is amongst the wealthiest communities in California. Start by looking at your own numbers that you posted there, Stephen Hawking…
37% plus 13% equals 50%. Now add in local taxes, social security payroll taxes, annual property taxes, capital gains taxes, etc., and you’ll be at 60% in no time … which still doesn’t buy you water for the fire hydrant on your street corner - Welcome To California.
Thanks for playing.
Better luck next time.
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