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re: The Top Four Reasons California Is Unsustainable (Forbes magazine)
Posted on 6/20/19 at 3:05 pm to L.A.
Posted on 6/20/19 at 3:05 pm to L.A.
quote:
On the other hand, for more than a decade, less than 150,000 of California’s 35+ million people pay half of all of its income tax – a highly imbalanced system.
4
Posted on 6/20/19 at 3:10 pm to idlewatcher
quote:
On the other hand, for more than a decade, less than 150,000 of California’s 35+ million people pay half of all of its income tax – a highly imbalanced system.
Posted on 6/20/19 at 3:25 pm to idlewatcher
quote:
On the other hand, for more than a decade, less than 150,000 of California’s 35+ million people pay half of all of its income tax – a highly imbalanced system.
Make them pay their fair share.
Posted on 6/21/19 at 8:42 am to idlewatcher
quote:
On the other hand, for more than a decade, less than 150,000 of California’s 35+ million people pay half of all of its income tax – a highly imbalanced system
Yet they have the audacity to say peopl aren’t paying their fair share.
Posted on 6/21/19 at 11:50 am to idlewatcher
quote:
On the other hand, for more than a decade, less than 150,000 of California’s 35+ million people pay half of all of its income tax – a highly imbalanced system.
This isn't that surprising when you consider that they have a lot of very wealthy people in CA.
Take the top 100 richest people in CA and compare them to a state like LA and the combined wealth of CA's top 100 would be astronomically larger than the combined wealth of LA's top 100.
According to wikipedia (they're citing Forbes as a source) in 2017 CA had 111 billionaires. LA had 1.
They just have a lot more wealth at the top.
Wikipedia entry was wrong with their number, here is the Forbes link
LINK
This post was edited on 6/21/19 at 11:54 am
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