California raising taxes due to deflation - W.C. Varones

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8.27.2009

California raising taxes due to deflation

Man, stuff out there is gettin' cheap -- dirt cheap! And you know what that means? That's right. You've got more money left over to give your government!

California, which already raped the working class with a shocking 9.3% tax rate on income over $47,055 for singles and $94,110 for families (by far the lowest income levels of any state for such draconian rate to kick in), will now drop those levels to $46,349 and $92,698 -- plus jack up the rate to 9.55% due to the February Schwarzenegger tax hike.

Hope you're enjoying those famous beaches!

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