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Jack

Phoenix, AZ

#21 Dec 5, 2012
Come at me but not with this wobbly drizzle.
Alice

Kihei, HI

#22 Dec 5, 2012
American_Infidel wrote:
<quoted text>
You having fun orgasming all over the place, aren't you. Your home boi won via lies and voter fraud like in this corrupt NO BALLOT Democrat run state.
I feel so grateful for our handsome black president. He is the greatest we have ever had and a fantasy of my girly dreams. All you sick little men( this includes the manwomen Lolo) are just racially jealous of his beautiful dark skin.
Guru

United States

#23 Dec 5, 2012
....calling all obama morons....new tax rate in HAWAII, etc. will be 52%!

Capitol Alert
The latest on California politics and government
December 5, 2012
High-income Californians may pay nation's highest tax rate

Thanks to passage of Proposition 30 last month, high-income Californians would pay the nation's highest marginal income tax rates -- nearly 52 percent -- if President Barack Obama and Congress fail to make a deal to avoid the so-called "fiscal cliff," according to a new study.

Without a fiscal cliff deal to the contrary, the Bush era tax cuts on high-income taxpayers would expire next year and rates would return to their previous levels.

Gerald Prante, an economics professor at Lynchburg College in Virginia, and Austin John, a Lynchburg economics student, calculated marginal tax rates -- the highest rates on the highest levels of income -- for all 50 states. They combined state, federal and, where applicable, local income taxes, plus payroll taxes for Social Security and Medicare and included the deductibility of some taxes.

Proposition 30 added three percentage points to the marginal state income tax rate for California's highest-income taxpayers, bringing it to 13.3 percent. That action raised California over other high-tax jurisdictions to a marginal rate of 51.9 percent, slightly higher than New York City's level. HAWAII*** was the only other place with a calculated rate above 50 percent.

Their report was published by the Social Science Research Network.

Categories: California by the Numbers, Election 2012, Tax initiatives

Tags: Barack Obama, fiscal cliff, income tax, Lynchburg College
Posted by Dan Walters
3:55 PM | 311 Comments

Read more here: http://blogs.sacbee.com/capitolalertlatest/20...

Joe Balls

Since: May 11

Location hidden

#24 Dec 5, 2012
Couldn't happen to a better state! Just tell the last white guy to bring the flag with him.
Francine

United States

#25 Dec 5, 2012
Joe Balls wrote:
Couldn't happen to a better state! Just tell the last white guy to bring the flag with him.
You are such a racist fck

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