Calif. ranks last on states tax list
May 10, 2010 Filed in: Budget &
Finance
California is tied for last place on
yet another study of how and what states tax. The new report,
entitled “Taxifornia,”
is part of the California Prosperity Project by the
Pacific Research
Institute, a
nonprofit, free-market advocate based in San Francisco. It assesses
California’s tax burden, the structure of its tax system, and how
they affect the state’s competitiveness. Taxifornia takes a
different approach in analyzing states’ tax structure and
illustrates that no matter how you slice and dice the data,
California is a high-tax state...