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To be fair, California doesn't have the highest tax burden in the nation, although it is up there. It also taxes consumption more than assets, which I'm a fan o
by omgwtfbyobbq 6y ago
To be fair, California doesn't have the highest tax burden in the nation, although it is up there. It also taxes consumption more than assets, which I'm a fan of.
https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/ https://wallethub.com/edu/states-with-highest-lowest-tax-bur...
- npunt 6y agoLooks like there's a decent overlap between state tax burden and whether they're 'donor' states in terms of federal dollars. Those that have higher tax burden tend to be sending more $ to the federal government than they receive back. CA historically has been this way, though recently it is about breakeven. https://worldpopulationreview.com/states/donor-states/ https://worldpopulationreview.com/states/donor-states/