California's taxes

Richard Rider is the chairman of San Diego Tax Fighters. Take a look at some of his stats when it comes to California taxes. This is the Golden State?? It's sad what happens when liberal Democrats run a state government.

Consider personal income taxes in our state.   Prior to Prop 30 passing in Nov. 2012, California  already had the 3rd worst state income tax rate in the nation. Our 9.3% tax bracket started at $48,942 for people filing as individuals. But now California has by far the nation’s highest state income tax rate. We are 21% higher than 2nd place Hawaii, 34% higher than Oregon, 47.8% higher than the next 2 states.

What about other taxes? Are you surprised to see that California has the highest state sales tax rate in the nation? It's 7.5% (does not include local sales taxes). We also have the nation’s highest gas tax at 71.9 cents/gallon (July, 2013). National average is 49.5 cents. Then there's something called  impact fees on home sales.  Average 2012 CA impact fee for single-family residence was $31,100, 90% higher than next worst state. It's 265% higher than jurisdictions that levy such fees (many governments east of the Sierras do not). For apartments, fee averaged $18,800, 290% above average outside state. The fee is part of the purchase price, so buyer pays an annual property tax on the fee!

But this is only the beginning. California  has now instituted the highest “cap and trade” tax in the nation – indeed, the ONLY such U.S. tax. One study estimates the annual cost at $3,857 per household by 2020. Even proponents concede that it will have zero impact on global warming.
And don't get me started on the con game of global warming. California also has a nasty anti-small business $800 minimum corporate income tax, even if no profit is earned, and even for many nonprofits. Next highest state is Oregon at $150. A few others under $100, with most at zero. California small businesses failed in 2011 at a rate 69% higher than the national average — the worst state in the nation. Our corporate income tax rate (8.84%) is the highest west of the Mississippi (our economic competitors) except for Alaska.

There are many more stats, but these give a flavor of what Dems love to do--solve all problems with more money. But, of course, the problems remain. What to do? Oh yeah, raise more taxes.