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I don't know what taxes are in Texas but I doubt they're lower than California. Because of Prop 13 California has extremely low taxes. Warren Buffett for instan
by davidmathers 17y ago
I don't know what taxes are in Texas but I doubt they're lower than California. Because of Prop 13 California has extremely low taxes. Warren Buffett for instance pays more taxes on his $500,000 home in Nebraska than he does on his $4,000,000 home in California.
- jibiki 17y agoCalifornia is notorious for its high income tax: "9.3 percent on taxable income of $47,056 and above". (From http://www.bankrate.com/brm/itax/edit/state/profiles/state_tax_Cal.asp http://www.bankrate.com/brm/itax/edit/state/profiles/state_t... ) I think the relevant statistic would be tax burden per capita: http://www.statemaster.com/graph/eco_tot_tax_bur-total-tax-burden-per-capita http://www.statemaster.com/graph/eco_tot_tax_bur-total-tax-b... Texas is around half of CA.