Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (483470)	5/26/2009 5:54:04 PM
From: bentway	Read Replies (2) \| Respond to of 1573924

There isn't enough tax revenue for the level of services CA residents demand. That would be you. If you WANT to live in MS, I'm sure you can get there. Just keep whining.. When I lived in CA, I was a highly compensated software engineer. When I left, I had been working as a self-employed consultant making a solid six figure income for a couple of years. And paying my taxes without whining like a baby. To blame CA's problems on illegal immigrants is especially unfair. For the most part, they keep their heads down, live 20 to a small house, do the work others won't and avoid government services - might bring la migra down on them. When I bought my house in Oceanside in 1993, I paid a few hundred dollars a year on my $76k foreclosure after appealing the tax bill. Ten years later, when I sold that house for $250k, I was paying less than $500! One of my neighbors had lived in his house since the sixties. HIS prop tax bill was less than $100 - thanks to Prop 13.

To: Tenchusatsu who wrote (483470)	5/27/2009 7:49:08 PM
From: TimF	Read Replies (1) \| Respond to of 1573924

States with the highest sales tax (when you include weighted averages for county and city rates) are: Tennessee (9.4%), Louisiana (8.7%), Washington (8.5%), New York (8.25%), Arkansas (8.2%), Alabama (8.15%), Oklahoma (8.1%), and California (8.0%). retirementliving.com CALIFORNIA Sales Taxes State Sales Tax: 8.25% (food and prescription drugs exempt. Tax varies according to locality. Can be as high as 10.25%) Gasoline Tax: * 48.7 cents/gallon Diesel Fuel Tax: * 52.0 cents/gallon Cigarette Tax: 37 cents/pack of 20 plus an additional surcharge of 50 cents per pack, bringing the total to 87 cents. Personal Income Taxes Tax Rate Range: Low - 1.0%; High - 10.3% retirementliving.com Or go to en.wikipedia.org and look for state tax levels as a percentage of personal income. I believe CA has moved down on this list, but its still tied for 13th at 7.59%. 1.12 percentage points above the average, and close to double New Hampshire's level. I'm a little uncertain about that ranking though. I would think New York would be near the top but its listed as 20th.