California already has a very progressive income tax system. I own a payroll service in California and recently I was examining a couple payroll tax returns. On the one return there were 4 or 5 employees who earned a combined roughly 45,000 for the quarter. On the other return there was one doctor who single-handedly earned 45,000 for the quarter. The doctor had to pay about 2.75 times the federal income tax of the 5 employees combined. The doctor also had to pay about 4.75 times the CA state income tax of the 5 employees combined! The point is, we already have a highly progressive income tax system here and it doesn’t seem to be yielding prosperity.
Yep, won't, California is already on the down side of the Laffer curve and the higher that taxes are raised the LESS revenue will come in.
And the crooks aren't all in the state house. Look at all the city and county government crooks -- ie Bell, CA.