Re: So much for the resilience of Stainless Steel
These 6.2% + 1.45% payroll taxes are *only* for Social Security and Medicare. I.e. the equivalent of UK National Insurance tax. People also pay regular income tax at the Federal and (mostly) state levels. So the overall total can be ~ 40% here as well.
Overall, the max rate for California is actually about the same (45% for UK, 37% federal + 12.3% for California ~= 50%). But the income thresholds are higher, so at the income where the UK 45% rate starts, California would only be at 32+9.3%. But this is still not much difference.
The real difference, except for no-income-tax states, is that social security taxes are capped at $168.8k of income, so that very high earners pay a lower rate. The Democrats want to raise this cap though, to fix the social security funding gap.
And of course, this does not include pre-retirement medical (employer or individual needs to pay), pension (social security is probably similar to UK state pension, and does not include private pension savings).