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by JumpCrisscross
1625 days ago
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> California's reliance on state income taxes over property taxes should help soften the blow Assuming someone leaving the Bay Area will go elsewhere in California. And even if they move to e.g. Sacramento, why would their tax dollars continue going to the Bay? Their votes moved with them. |
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In my state, Illinois, we have the opposite problem. Our state income tax is a flat rate (4.95%). In order for politicians to raises taxes, they target property taxes. The result is one of the highest property tax rates in the country.