Please ensure Javascript is enabled for purposes of website accessibility
The Best Story You'll Ever Read on California Taxes
GV-Wire-1
By gvwire
Published 6 years ago on
May 9, 2018

Share

Politicians, special interest groups and taxpayer advocates make all kinds of claims about California taxes.
As voters gear up for the June 5 primary, they deserve to know the facts about California’s tax burden — and where those public dollars are spent.
Judy Lin of CALmatters digs out the facts in this must-read story: “The open secret about California taxes.”

Story Is Written So Everyone Can Understand It

One of the best things about the report is that you needn’t be an accountant or have a degree in finance to understand it.
Here are a couple nuggets from her report:

— California has the 10th highest taxes nationally, both per capita and as a percentage of personal income. This calculation is based on the latest available data from the U.S. Census.
— Health and education “dominate” California’s public expenditures.
Lin breaks down the complexities of California’s taxes and revenue streams this way:

How It Works Now

  1. How much we pay
  2. Where the money goes
  3. What other states do

The Tradeoffs We’re Making

  1. There’s instability
  2. The Silicon Valley factor
  3. Unintended consequences
  4. Housing’s more expensive now
  5. The system is outdated
  6. The poor get hurt

So, arm yourself with the facts. That way, you can separate the truth from the lies when people running for office or pushing ballot measures talk about California taxes.
You can read the story in one sitting. Or take it a few bites at a time. Either way, you can read it at this link.
(Lin’s reporting was supported with a grant from the Ravitch Fiscal Reporting Program at the CUNY Graduate School of Journalism.)

DON'T MISS

FUSD Trustees Name Misty Her as Interim Superintendent. National Search Yet to Start

DON'T MISS

Gov. Newsom Appoints Judges for Fresno, Merced Counties

DON'T MISS

Assemblymember Soria Dodges Questions About Defamation Lawsuit

DON'T MISS

Israel Briefs US on Evacuation Plan for Palestinians Ahead of Planned Rafah Assault

DON'T MISS

Canadian Police Make 3 Arrests in Sikh Separatist’s Slaying That Sparked a Spat with India

DON'T MISS

Three Arrested for Trespassing, Posting Flyers at Fresno Synagogue and Church

DON'T MISS

As They Search for a Superintendent, Fresno Trustees Flunk Econ 101

DON'T MISS

Universities Negotiate End to Protests, Open Dialogue on Investment Policies

DON'T MISS

Fresno Approves Hydrogen Contract for New Buses. How Far is the Filling Station?

DON'T MISS

Heavy Rains Over Texas Have Led to Water Rescues, School Cancellations and Orders to Evacuate

UP NEXT

Gov. Newsom Appoints Judges for Fresno, Merced Counties

UP NEXT

Assemblymember Soria Dodges Questions About Defamation Lawsuit

UP NEXT

Israel Briefs US on Evacuation Plan for Palestinians Ahead of Planned Rafah Assault

UP NEXT

Canadian Police Make 3 Arrests in Sikh Separatist’s Slaying That Sparked a Spat with India

UP NEXT

Three Arrested for Trespassing, Posting Flyers at Fresno Synagogue and Church

UP NEXT

As They Search for a Superintendent, Fresno Trustees Flunk Econ 101

UP NEXT

Universities Negotiate End to Protests, Open Dialogue on Investment Policies

UP NEXT

Fresno Approves Hydrogen Contract for New Buses. How Far is the Filling Station?

UP NEXT

Heavy Rains Over Texas Have Led to Water Rescues, School Cancellations and Orders to Evacuate

UP NEXT

Google, Justice Department Make Final Arguments About Whether Search Engine is a Monopoly

Israel Briefs US on Evacuation Plan for Palestinians Ahead of Planned Rafah Assault

4 hours ago

Canadian Police Make 3 Arrests in Sikh Separatist’s Slaying That Sparked a Spat with India

4 hours ago

Three Arrested for Trespassing, Posting Flyers at Fresno Synagogue and Church

5 hours ago

As They Search for a Superintendent, Fresno Trustees Flunk Econ 101

5 hours ago

Universities Negotiate End to Protests, Open Dialogue on Investment Policies

6 hours ago

Fresno Approves Hydrogen Contract for New Buses. How Far is the Filling Station?

8 hours ago

Heavy Rains Over Texas Have Led to Water Rescues, School Cancellations and Orders to Evacuate

8 hours ago

Google, Justice Department Make Final Arguments About Whether Search Engine is a Monopoly

8 hours ago

Anchovy Feast Draws the Most Sea Lions to SF’s Fisherman’s Wharf in 15 Years

8 hours ago

Captain Sentenced to 4 Years for Criminal Negligence in Fiery Deaths of 34 Aboard Scuba Boat

8 hours ago

FUSD Trustees Name Misty Her as Interim Superintendent. National Search Yet to Start

In a show of unity that has been absent in the Fresno Unified boardroom for more than a month, trustees voted 7-0 to appoint Deputy Superint...
Local Education /

1 hour ago

Local Education /
1 hour ago

FUSD Trustees Name Misty Her as Interim Superintendent. National Search Yet to Start

3 hours ago

Gov. Newsom Appoints Judges for Fresno, Merced Counties

4 hours ago

Assemblymember Soria Dodges Questions About Defamation Lawsuit

4 hours ago

Israel Briefs US on Evacuation Plan for Palestinians Ahead of Planned Rafah Assault

4 hours ago

Canadian Police Make 3 Arrests in Sikh Separatist’s Slaying That Sparked a Spat with India

5 hours ago

Three Arrested for Trespassing, Posting Flyers at Fresno Synagogue and Church

5 hours ago

As They Search for a Superintendent, Fresno Trustees Flunk Econ 101

6 hours ago

Universities Negotiate End to Protests, Open Dialogue on Investment Policies

MENU

CONNECT WITH US

Search

Send this to a friend