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.
Showing posts with label california tax burden. Show all posts
Showing posts with label california tax burden. Show all posts
Monday, April 18, 2016
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