4 ms·
>California’s wealthiest 1% pay approximately 46% of total state income taxes > That 1% (which, unfortunately, I am in) This illustrates to me that the 1st per
by throwaway2245 6y ago
>California’s wealthiest 1% pay approximately 46% of total state income taxes
> That 1% (which, unfortunately, I am in)
This illustrates to me that the 1st percentile receives vastly more net income than the 2nd highest percentile (and that the stats should subdivide the 1st percentile further).
Is this really unfortunate for you? I don't think so.
- da_big_ghey 6y agoCalifornia has progressive tax rates, so this is not entirely accurate.
- throwaway2245 6y agoCalifornia also has marginal tax rates, so what I said is accurate. Could you offer a counter-example?