2 ms·
California is one of the states with the highest overall taxes in the US. I don't think it's lack of tax revenue that the problem here.
by vondur 7y ago
California is one of the states with the highest overall taxes in the US. I don't think it's lack of tax revenue that the problem here.
- luckydata 7y agonot really. California has high INCOME taxes compared to other states but significantly lower real estate taxes, and revenues due to the infamous Prop 13. Commercial real estate is the most significant source of deficits in this state.