Economy
Breaking bad: California vs. other states
April 01, 2010 Filed in: Budget &
Finance
Richard Rider, San Diego Newsroom
Here’s a depressing but
documented comparison of California taxes and economic climate with
the rest of the states. The news is breaking bad, and getting worse
(I keep updating this factsheet): -California has the third worst
state income tax in the nation, according to the Tax Foundation’s
2010 State Business Tax Climate Index: approximately 9.5 percent
tax bracket at $46,349, and 10.55 percent at $1 million...