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by the_optimist 1347 days ago
This is a straightforward wealth transfer.

69.5% of filers by count in the bottom groups, generate 10.5% of tax revenue, max refund, 79% of total refund. 4.5% of filers in the top groups, generate 55.2% of tax revenue, zero refund. Middle two groups are 12.3% and 14.2% of payers, generate 8.8% and 25.5% of revenue, receive 10.6% and 10.3% of total refund.

These categories don't match exactly, but close enough.

Sources: https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-r... https://data.ftb.ca.gov/California-Personal-Income-Tax/PIT-A...