Nah, I’m just gonna assume the answer is PROP 13 and then go back to sleep...
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Hope it's only his observation and not much else.
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Doesn't seem that low to me. 6.25% on taxable income between $26,822 and $37,233 8.25% on taxable income between $37,234 and $47,055 9.55% on taxable income between $47,056 and $1,000,000
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Find it hard to understand why prop 13 is such a third rail, while politicians can openly state 9.55% state tax... one of the highest in the nation at that income level, is too low. Gotta move that overton window. Middle class rates should go down in a deal that repeals prop 13.
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Corporations have billions in profits offshore and a low tax rate at home.
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If we have learned nothing from government other than taxes, everybody's praising nuisance budget proposal but it would be awesome to read what taxes are included besides the new tax on tap water?
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