Tuesday, August 27, 2019

California wage gap

It is sometimes suggested that the states be used for experimental purposes to determine the viability of new federal programs. This tends to uncover unintended consequences before the program goes nationwide. To find out what one party rule would be like just look at California. Democrats have a super majority in the state senate, (29 to 11) and a super majority in the house, (48 to 7), a democratic governor and no state wide republican office holders. Today California has the highest state income tax rate at 13.3%. This includes a one percent surtax on the wealthy. The top one percent earn 24% of the income and pay 48% of the state income taxes. California has the highest poverty rate in the country and the largest income gap between the rich and poor. The middle income group in California is disappearing and lately millionaires have been leaving. During the past 5 years 120,000 Californians have moved to lower tax states taking with them $4 billion dollars in income. Many cities are faced with a growing homeless problem with people living on the streets in unsanitary conditions and this is threatening the health of its citizens.

No comments:

Post a Comment