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California takes about 4.7% of what a business produces in taxes — which happens to be the national average. The government take is higher in Alaska (13.8%), New York (5.5%) and Florida (5.3%). Even Texas, known for rolling out the red carpet for business, pocketed more than California — 4.9%.
Contrary to popular belief, California's business taxes are just average. In fact, Texas - the state that Republicans love to love - takes MORE in taxes from businesses than California.
And Alaska's tax rate proves - once again - that it is the most socialist state in the U.S.
And in reading the rest of the article, we find that the share of taxes paid by corporations in California has in fact been decreasing, due to tax breaks afforded to large companies. And the tax burden has shifted to small businesses and individuals.
Not sure why you're touting this as a positive thing.
And in reading the rest of the article, we find that the share of taxes paid by corporations in California has in fact been decreasing, due to tax breaks afforded to large companies. And the tax burden has shifted to small businesses and individuals.
Not sure why you're touting this as a positive thing.
Good government brought to you by $$$$lobbiest$$$$...
The number one expense which all citizens and employers of California have faced for decades is housing prices, which that article conveniently disregarded.
California dirt is the most expensive dirt in the nation, and the housing prices out here prove it.
Economics 101---Restrict the supply of something, and the price is bound to go up.
It ain't rocket science, folks!
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