Posted on 04/11/2019 4:19:03 AM PDT by Kaslin
For over six years, California has had a top marginal income tax rate of 13.3 percent, the highest in the nation. About 150,000 households in a state of 40 million people now pay nearly half of the total annual state income tax.
The state legislature sold that confiscatory tax rate on the idea that it was a temporary fix and would eventually be phased out. No one believed that. California voters, about 40 percent of whom pay no state income taxes, naturally approved the extension of the high rate by an overwhelming margin.
California recently raised gas taxes by 40 percent and now has the second-highest gas taxes in the United States.
California has the ninth-highest combined state and local sales taxes in the country, but its state sales tax of 7.3 percent is America's highest. As of April 1, California is now applying that high state sales tax to goods that residents buy online from out-of-state sellers.
In late 2017, the federal government capped state and local tax deductions at $10,000. For high earners in California, the change effectively almost doubled their state and local taxes.
Such high taxes, often targeting a small percentage of the population, may have brought California a budget surplus of more than $20 million. Yet California is never satiated with high new tax rates that bring in additional revenue. It's always hungry for more.
Scott Wiener, a Democratic state senator from San Francisco, has introduced a bill that would create a new California estate tax. Wiener outlined a death tax of 40 percent on estates worth more than $3.5 million for single Californians or more than $7 million for married couples.
(Excerpt) Read more at townhall.com ...
What a surprise. "When voters discover they can vote themselves more freebies, the Republic is dead......"
Meanwhile, more and more kalifornians flee the cesspool utopia they've created, only to recreate the identical cesspool in whatever community is stupid enough to welcome them.
I would not care if this was only California, but it is the Dems vision for the rest of the country.
Hate Cali is not hating Californians.
California is a blight, a plague, on America.
And yet, is the home of Free Republic and lots of money supporting our fabulous forum
Now that California is a Mexican province, it’s no longer our business.
Our company collects and remits CA sales tax. Their sales tax rates are close to 10% not the 7% quoted in the article.
Or maybe they’ve just never seen the phrases before
But if it makes you feel better about yourself calling people dumb, who am I to take that away from you.
I don’t need terms and phrases to know that the left and communists behind them have nefarious plans to destroy the country.
Maybe some do.
What can we do to stop this?
To be fair, many communities would LIKE to bar them, but there is no legal means to do so.
depends on the county and city you live in
“...but its state sales tax of 7.3 percent is America’s highest..”
Chicago/Cook County is 10%.
It will take the enforcing of federal immigration laws, I live in albemarle county, affluent country neighborhood, my wife went to the Dmz to get a trailer tag and the place was full of mexicans, the dmv folks were trying to explain to them they cannot get a drivers license without documentation, time to enforece the law and use the military to send them packing..
That is the state rate. Many, if not all counties/cities have additional tax rates.
I think Calif has a STATE sales tax in the range of 7%, but all the county/city sales taxes are on top of that.
I left Calif over 14 years ago, after over 40 years there. Don’t miss it.
Only will go back to help caravan OUT another couple I care about.
Then there is the 25% Federal Gas tax hike in the works ...
The problem is that I cannot do anything about California. I am not supposed to vote in your elections. I guess you are out there. How in the hell did it get this way? You guys gave us Reagan. How could a state with so much talent and resources go so far off the rails? I don’t get it.
DMV = Department of Mexican Voters — Michael Savage, on air, years ago.
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