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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (4784)	8/12/2003 1:57:18 PM
From: Brian Sullivan	Read Replies (2) of 793790

What income bracket starts at 9.3%? >Over one hundred and fifty grand, as I recall. You are way off base on that one Bill. The definition of rich in California starts way lower than that. The 9.3 rate in California kicks in at 72,000. (2001 tax year) lao.ca.gov And remember that California taxes all capital gains as ordinary income so if you managed to make any money by selling appreciated stocks you pay 9.3% of your gains to California. If Tiger or any sports figure (Baseball, Basketball, Football) play in any sporting event (road games) in California then the portion of their income earned in California is subject to state taxes.

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