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California's total tax burden is 9.5% of income; the median state is Kansas at 8.5% [1]. I was surprised the difference is so small; is there something not capt
by georgewfraser 8y ago
California's total tax burden is 9.5% of income; the median state is Kansas at 8.5% [1]. I was surprised the difference is so small; is there something not captured by these stats?
[1] https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/ https://wallethub.com/edu/states-with-highest-lowest-tax-bur...
- dahdum 8y agoInequality isn’t captured, CA relies more heavily on the top earners to fund the budget.
- dragonwriter 8y ago> Inequality isn’t captured, CA relies more heavily on the top earners to fund the budget. Because of the high reliance on regressive parcel taxes on property (because of Prop 13 limits on ad valorem property taxes that doesn't effect parcel taxes) and regressive sales taxes combined with progressive income tax, California state and local taxes are, in net, regressive at the low end and progressive at the high end; most other groups below the top 1% pay less, proportionately, in taxes than the bottom 20%. https://itep.org/whopays/california/ https://itep.org/whopays/california/