The California Franchise Tax Board (FTB) has released the 2009 Tax Rates.  The new tax rates are listed below.  More information about the California state taxes can be found at the FTB website.

Schedule X — Single, married/RDP filing separately

If the taxable income is

Over

But not over

Tax is

Of amount over

$0 $7,060 (formerly $7,168) $0.00 Plus 1.25% $0
$7,060 $16,739 $88.25 Plus 2.25% $7,060
$16,739 $26,419 $306.03 Plus 4.25% $16,739
$26,419 $36,675 $717.43 Plus 6.25% $26,419
$36,675 $46,349 (formerly $47,055) $1,358.43 Plus 8.25% $36,675
$46,349 And over $2,156.54 Plus 9.55% $46,349

Schedule Y — Married/RDP filing jointly and qualifying widow(er) with dependent child

If the taxable income is

Over

But not over

Tax is

Of amount over

$0 $14,120 (formerly $14,336) $0.00 Plus 1.25% $0
$14,120 $33,478 $176.50 Plus 2.25% $14,120
$33,478 $52,838 $612.06 Plus 4.25% $33,478
$52,838 $73,350 $1,434.86 Plus 6.25% $52,838
$73,350 $92,698 (formerly $94,110) $2,716.86 Plus 8.25% $73,350
$92,698 And over $4,313.07 Plus 9.55% $92,698

Schedule Z — Unmarried head of household

If the taxable income is

Over

But not over

Tax is

Of amount over

$0 $14,130 (formerly $14,345) $0.00 Plus 1% $0
$14,130 $33,479 $176.63 Plus 2% $14,130
$33,479 $43,157 $611.98 Plus 4% $33,479
$43,157 $53,412 $929.33 Plus 6% $43,157
$53,412 $63,089 (formerly $64,050) $1,023.30 Plus 8% $53,412
$63,089 And over $2,462.59 Plus 9.3% $63,089

Are California’s taxes too high? And as a result, are people leaving California for greener pastures? See the folowing article on California Myths for analysis, and the answers to these questions: Let my people go! The mythology of the vanishing California population.