If Obama raises the highest tax bracket to 39.6% and now CA is an additional 10.3% with Prop 30, you are just going to get DESTROYED paying taxes if you make a lot of coin in this state. That is just such a huge injustice. Soak the high achievers for half their hard earned income and squander it. I think they should be paying like 25% in taxes TOTAL…not freaking 50%.
I would guess CA is similar to the federal tax statistic where something like the top 5% of income earners in the state of CA pay over half of all the state income taxes. And you want them to pay more??? Here is an analogy for that…you get together with 20 friends and go have dinner. When the bill comes 1 person has to pick up half the tab while the other 19 divvy up the rest!! That is what is happening with who pays taxes in this country. And yet “they are not paying their share”???? WTF??? Biggest load of class warfare BS propaganda ever put out by the Dems.
Raising taxes on the so called “wealthy” is a clear signal from Obama and Gerry Brown to…go out and there and bust your butt and go the extra mile to do well financially, to make life better for your family, and we will absolutely CLOBBER you with taxes. We will DESTROY your wealth building efforts. Screw all you heart surgeons saving lives, entraprenuers creating jobs, top salespeople helping your company sell product, etc……we want HALF of what you make!