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Keyword: taxestoohigh

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  • California has a huge budget surplus. That’s good news for Gavin Newsom as he fights a recall

    05/10/2021 6:39:32 PM PDT · by Mariner · 35 replies
    The Sacramento Bee ^ | May 10th, 2021 | By Lara Korte and Kim Bojórquez
    Drought and dry wildfire conditions. A pandemic. A recall election with a panoply of ambitious would-be adversaries.Gov. Gavin Newsom has a lot of problems.Money isn’t one of them.This week he’s expected to release a revised state budget proposal that’s so flush with revenue he’ll be obliged by law to send some of it back to taxpayers in the form of refunds.
  • The Rich ARE Paying More In Taxes! (who would believe this? do miracles happen?)

    04/28/2006 12:26:37 PM PDT · by eleni121 · 36 replies · 1,278+ views
    Marketplace ^ | April 27, 2006 | STEVE MOORE
    The Bush tax cuts have been routinely assailed as multimillion dollar giveaways to the Rolls Royce owners of America at the expense of the middle class. But new IRS statistics on the taxes Americans pay show that George Bush's tax policies actually soak the rich. It turns out that the income tax burden has substantially shifted onto the wealthy. The percentage of federal income taxes paid by those who make more than $200,000 a year has actually risen from 41% to 47% in recent years. In other words, the richest 3 out of 100 Americans are now paying close to...