The story of CA taxes is that the state banned itself from being able to collect much property tax, and so had to rely on income taxes as a substitute.https://twitter.com/Noahpinion/status/1337947646183362561 …
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Replying to @Noahpinion
why do they need so much $? Florida has lower sales tax, no income tax and similar property tax rate (w even lower basis)??
16 replies 0 retweets 72 likes -
Replying to @rabois @Noahpinion
yeah CA is like the high burn startup that no one knows where the money is going.
2 replies 0 retweets 13 likes
Its going to the social safety net, which florida completely neglects. Look at the uninsured rates and Medicaid enrollments in each state and you'll see an answer to your question.
11:45 AM - 15 Dec 2020
from Brooklyn, NY
0 replies
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