Blue collars in California are once again being targeted by lawmakers with a multitude of new taxes on the energy industry that will trickle into their pocketbooks.
Our current slate of lawmakers are aware from the California’s Legislative Analyst’s Office reports that personal income tax liability is concentrated among its top earners. Shockingly, almost 70% of the general fund comes from less than 5% of the population. The Governor’s budget summary for 2019-2020 reflects this scary trend.
Our current slate of lawmakers are aware from the California’s Legislative Analyst’s Office reports that personal income tax liability is concentrated among its top earners. Shockingly, almost 70% of the general fund comes from less than 5% of the population. The Governor’s budget summary for 2019-2020 reflects this scary trend.