Friday, May 3, 2013

California dreamin’

Wow.  I thought Texas' property taxes were high, but we're only 14th highest in the nation.   And I knew it was bad in CA, but I was only half right.
California’s tax burden is so much higher than Texas’ — 42 percent higher, to be precise — that even if it eliminated its income tax system, its residents would shoulder a heavier tax burden than their Texan counterparts. That’s stunning when you consider that California has the nation’s highest state income tax bracket (13.3 percent).
What the heck are you doing there??

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