The state is absolutely full of cash. This proves it. Heck, some state employees out there make a quarter of a million with some overtime every year. This is how every state should be.
California is a #$%$ hole. That is why people are fleeing in droves and ruining places like Wyoming.
California is a great place.
9.3% tax rate
So by the time you stack on the federal tax rate, soc security tax, medicare tax, property tax, gas tax, local taxes, etc.......etc.......etc............
The producers have to be paying over 50% total tax.
It's okay, they probably pay twice as much so it's a wash. Print, double the pay, double the taxes, and it's the same.
They need to be millionaires with the massive taxation, and very high cost of living, with grossly overpriced housing.
Massive taxation? The reason the Country is running up so much debt is because of the lower taxes and not cutting spending. Just using the Republican playbook, borrow and spend.