\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Lol, the top 1% of California tax filers pay 48% of state income taxes:

http://www.sacbee.com/news/politics-government/capitol-alert...
Puce exhilarant fanboi locale
  01/19/18
i don't know, what do most third world hellholes have in com...
tan senate
  01/19/18
...
Dark bisexual national security agency dysfunction
  01/19/18
...
Multi-colored liquid oxygen
  01/19/18
...
Galvanic Onyx Tattoo
  01/19/18
states like Connecticut and New Jersey have similar issues. ...
passionate self-absorbed spot
  01/19/18
Oh noes!
Lemon laughsome state
  01/19/18
"The state’s wealthiest 1 percent..." This is f...
Filthy thirsty address fortuitous meteor
  01/19/18
lol so true this is why self employment is awesome if you ca...
Cracking coffee pot roommate
  01/21/18


Poast new message in this thread



Reply Favorite

Date: January 19th, 2018 4:18 PM
Author: Puce exhilarant fanboi locale

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)



Reply Favorite

Date: January 19th, 2018 4:19 PM
Author: tan senate

i don't know, what do most third world hellholes have in common?

(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191138)



Reply Favorite

Date: January 19th, 2018 4:20 PM
Author: Dark bisexual national security agency dysfunction



(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191147)



Reply Favorite

Date: January 19th, 2018 4:21 PM
Author: Multi-colored liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191156)



Reply Favorite

Date: January 19th, 2018 4:37 PM
Author: Galvanic Onyx Tattoo



(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191277)



Reply Favorite

Date: January 19th, 2018 4:22 PM
Author: passionate self-absorbed spot

states like Connecticut and New Jersey have similar issues. A huge amount of their tax income is dependent on rich hedge fund managers that live there and work in NYC. when the market takes a tumble it can cost them bigly.

(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191160)



Reply Favorite

Date: January 19th, 2018 4:37 PM
Author: Lemon laughsome state

Oh noes!

(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35191284)



Reply Favorite

Date: January 19th, 2018 4:39 PM
Author: Filthy thirsty address fortuitous meteor

"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)



Reply Favorite

Date: January 21st, 2018 10:57 AM
Author: Cracking coffee pot roommate

lol so true this is why self employment is awesome if you can make it happen

(http://www.autoadmit.com/thread.php?thread_id=3864759&forum_id=2#35202225)