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> And in the end, california taxes overall…are pretty average. Err, no - no they aren’t. By most accounts, it’s the highest or in the top 2-3 in the nation, a
by djrogers 5y ago
> And in the end, california taxes overall…are pretty average.
Err, no - no they aren’t. By most accounts, it’s the highest or in the top 2-3 in the nation, and not by a little.
California has the highest income tax, the highest capital gains tax, and the highest state sales tax. The only common tax rate in CA that’s even close to average is property tax.
[1] https://worldpopulationreview.com/state-rankings/highest-taxed-states https://worldpopulationreview.com/state-rankings/highest-tax...
- lotsofpulp 5y agoIt depends what income band you are in: https://itep.org/whopays-map/ https://itep.org/whopays-map/ It is not useful to consider top tax rates for every state unless you are in the top tax rate income bands for every state.
- willcipriano 5y agoA tax that starts at 90% for low income people and ends up at 2000% for high net worth individuals would be the one of the most progressive tax systems imaginable and yet would be completely unaffordable. The average percentage of earnings paid to taxes and governmental fees would be a better judge of this but that I've never been able to find data like that.
- gumby 5y agoA reasonable proxy is state expenditure per capita. In the case of california, the state happens to collect a disproportionate amount from cap gains which helped in 2020 and caused a crisis in 2008. Also spending is higher per capita in the less densely settled (and predominantly Republican) portions of the state (most of it if you look at a political map) simply because the infrastructure is thinner and more critical and social services are more expensive to provide.