The Briefing Room
General Category => Editorial/Opinion/Blogs => Topic started by: mystery-ak on April 12, 2019, 12:20:51 am
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Victor Davis Hanson
Posted: Apr 11, 2019 12:00 AM
For over six years, California has had a top marginal income tax rate of 13.3 percent, the highest in the nation. About 150,000 households in a state of 40 million people now pay nearly half of the total annual state income tax.
The state legislature sold that confiscatory tax rate on the idea that it was a temporary fix and would eventually be phased out. No one believed that. California voters, about 40 percent of whom pay no state income taxes, naturally approved the extension of the high rate by an overwhelming margin.
California recently raised gas taxes by 40 percent and now has the second-highest gas taxes in the United States.
California has the ninth-highest combined state and local sales taxes in the country, but its state sales tax of 7.3 percent is America's highest. As of April 1, California is now applying that high state sales tax to goods that residents buy online from out-of-state sellers.
more
https://townhall.com/columnists/victordavishanson/2019/04/11/california-has-become-americas-cannibal-state-n2544573
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Pretty nifty being able to tax just a few people so as to keep politicians in power by soliciting the votes from non-taxpayers.
The scheme works as long as there are enough of those few people around to keep paying the bills.
Once they leave, this system falls apart.
I believe that is one reason why Dems wish to eliminate the electoral college as well as getting feds to continue the con game.