https://www.ocregister.com/2018/01/0...-to-taxpayers/
Glad to see they have a surplus but I guess a 7 billion dollar surplus but the surplus is basically due to California's socialist level of taxation and third-world quality of services except for a few small elite universities
California for instance confiscates 10.2% on the $53,000th dollar of taxable income compared to 2.04% in North Dakota and zero in South Dakota, Nevada, Wyoming and Washington.
North Dakota would have a massive surplus also if it taxed the middle-class at 5 times the rate it does and spent so little money on education per-capita and had a lower than third-world quality safety-net for poor citizens.
California has the absolute worst in social services anywhere in country for American-born citizens.
California for instance has 114,000 homeless people on the streets and is the absolute worst state when it comes to any form of safety-net.
California will never in it's wildest dreams have as extensive of a safety-net as Republican states.
https://www.nytimes.com/2017/12/21/u...-increase.html
California liberals don't believe in good health-care unless it's celebrities going to Cedar-Sanai. The state reimburses physicians at 52% of Medicare rates on average. Compared to 98% in North Dakota and 126% in Alaska.
https://www.kff.org/medicaid/state-i...:%22desc%22%7D
Lots of terminally ill and severely disabled homeless on the streets of Los Angeles because the Democratic party and California liberals ration and fund Medicaid at such a low rate that health care providers are patient dumping people who should be in the hospital.
California also has third-world quality prisons that get international media attention for violating civil rights.
California liberals also really don't care to fund education as much as many Republican states.
Education Spending Per Student by State
Alaska $20,000 per-pupil funding, Wyoming $16,000 per-pupil spending, North Dakota $13,000 per-pupil spending compared to below national average California at $10,000
With Socialist level taxes that would Europeans seem like libertarians in California plus the absolute worst of public services and safety-net for poor American, I can certainly see why they have a surplus.
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