Tax News Bad for Californians
Don’t live in California? If you think you already pay enough taxes be thankful. The weather might be ideal, but the taxes are either the highest in the nation, or near the top.
California’s State/Local Tax Burden – Above National Average.
California’s Top Individual Income Tax Rate – Highest in the Nation
California’s Corporate Income Tax Rate – Highest in the West
California’s Sales Tax Rate – Exceeds National Median
To top that all off – California is a Donor State. California taxpayers receive less federal funding per dollar of federal taxes paid than the average state.
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