Is my calculation correct??
1-according to IRS,(
http://www.irs.gov/pub/irs-pdf/i1040.pdfincome page 80 section B) between $100K and $131450. is about %19 ( federal income tax)
2-California state tax %9.3
3-Social security tax %12.4
4-Medicare %2.9
which brings us the total of %43.6 of an self employed person goes toward taxes
Please tell me that I am WRONG.
Thank you.
Income Tax calculation help.( for Calofornia) 
