Lol, the top 1% of California tax filers pay 48% of state income taxes:
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Date: January 19th, 2018 4:18 PM Author: unholy boiling water
http://www.sacbee.com/news/politics-government/capitol-alert/article195405279.html
"Democratic state lawmakers are worried because California relies so heavily on the income taxes it collects from high earners to fund government services. The state’s wealthiest 1 percent, for instance, pay 48 percent of its income tax, and the departure of just a few families could lead to a noticeable hit to state general fund revenue."
that's actually pretty terrible by national standards. how did california go from "middle-class paradise" to "income-stratified third-world hellhole emulating brazil"?
(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191130) |
Date: January 19th, 2018 4:39 PM Author: Sepia Razzmatazz Library
"The state’s wealthiest 1 percent..."
This is false. What they mean is the top 1% of taxpayers. The state's wealthiest 1% don't pay 48% tax.
(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191307) |
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