Why California Taxpayers in High Tax Brackets Should Invest in Municipal Bonds — An Enrolled Agent’s Perspective Tax Wealth Consultant | Enrolled Agent | Irvine & Whittier, CA | May 2026 | Source: FTB.ca.gov | IRS.gov California has the highest individual income tax rate in the United States. If you are a business owner, attorney, physician, real estate investor, or high-income professional living in Irvine or Whittier, you are almost certainly paying more in combined federal