Monday, April 18, 2016

California personal income taxes

Two-thirds of California's overall tax revenue comes from personal income taxes, with the top fifth of income earners paying 90%, and the top one percent paying 45%, of these taxes.

Source: The tax man cometh, and California rich – getting richer – pay most

See how California compares to other U.S. states, including the seven that have no personal income tax, here:
2016 Top State Marginal Income Tax Rates.

No comments: