|
California Importing Poverty
I am not sure about all of this and do disagree with a couple of the statements, but most of it seems to be on the mark from what I have read and seen come out of Sacramento. So if you read it, draw your own conclusions.
http://www.vdare.com/ Ron :confused: |
This part is especially troubling:
According to California Franchise Tax Board figures for 2005, California income tax-payers earning over $70,000 claimed only 31 percent of dependents but paid 85 percent of income taxes collected. (www.ftb.ca.gov). The top 1 percent of taxpayers generated 47.5% of income taxes. In contrast, the bottom 80% of taxpayers in California had 76% of all dependents but generated only 11.2% of state income tax revenue. The system she describes is completely lost financially. But she is skewing her comparability numbers, because the 'people earning +70k' have to be included in the 'bottom 80%', and hence only produce 11.2% of income. And as for 80% of a population producing 76% of all dependents, that is not unusual. SO while she is slanting statistics to make her argument more compelling, the real truth they hide is almost as bad! |
| All times are GMT -7. The time now is 11:43 AM. |
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: