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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (34666)	11/18/2012 10:47:58 AM
From: longnshort	1 Recommendation Respond to of 85487

Richard RiderPrior to Prop 30 passing, CA already had the 2nd worst state income tax rate in the nation. Our 9.3% tax bracket starts at $48,029 for people filing as individuals. Now our retroactive “millionaires’ tax” rate is 13.3% – including capital gains. Increased taxes now start at $250K. CA now has by far the nation’s highest state income tax rate. We are 21% higher than the 2nd highest state (Hawaii), 34% higher than the 3rd highest state (Oregon), and a heck of a lot higher than all the rest – including 7 states with zero state income tax. CA is so bad, we also have the 2nd highest state income tax bracket. AND the 3rd. Plus the 5th and 7th.http://taxfoundation.org/sites/taxfoundation.org/files/docs/ff2012.pdf Tables #11 & 13 andhttp://www.twitpic.com/9g2pka/full 19 hours 22 min ago

To: Wharf Rat who wrote (34666)	11/18/2012 10:48:44 AM
From: longnshort	2 Recommendations Respond to of 85487

And after thirty years of absolute Democrat control the once Golden State now looks like this... Today California has the highest poverty rate in the nation. Deseret News reported: California’s poverty rate of 23.5 percent is the highest of any state in the country, according to new information from the U.S. Census Bureau. The Census Bureau worked with the U.S. Bureau of Labor Statistics to compile a Supplemental Poverty Measure, which factors in government programs to assist low-income people and families that aren’t included in official, income-based poverty measures that were developed in the early 1960s. The new measure’s thresholds factor in the amount families spend on a basic goods including food, clothing, shelter and utilities and a small additional amount to allow for other needs such as household supplies, personal care items and non-work-related transportation. It’s adjusted to factor in geographical differences in housing costs, and also includes resources beyond income, such as nutrition assistance, subsidized housing, and home energy credits. The nearest three-year (2009 to 2011) poverty rate to California’s is the District of Columbia with 23.2 percent. The next-highest poverty rate for a state is Arizona at 19.8 percent. And in 2011 California was the second brokest state. Only Illinois is more broke. But Democrats see this as success. California is on the path to Third Worldism and Democrats cheer. After all, they're in charge and that's what matters. And now Obama wants to turn the rest of the country into California.