California's 13.3% income tax does not distinguish between ordinary income and capital gain, growing to 14.4% in some cases. And California's tax collector is tough.
Don’t let perfect be the enemy of good. There’s always the chance to convince legislators to raise the taxes further. I know a lot of us here want immediate tax revolution but that’s simply not possible. A lot of normies would just be scared off right back to conservative talking points.
5 percent… I don’t think they understand how to tax the rich.
Don’t let perfect be the enemy of good. There’s always the chance to convince legislators to raise the taxes further. I know a lot of us here want immediate tax revolution but that’s simply not possible. A lot of normies would just be scared off right back to conservative talking points.
True
A good start.
It is, however, higher than 0.