April 25, 2024
Study: 'Who Pays Taxes in California?'
SACRAMENTO - (INT) - A new study has found that the lowest-income families in California pay a greater share of their incomes in state and local taxes, on average, than other families, including those at the very top of the income ladder.

The California Budget & Policy Center studied data from the Institute on Taxation and Economic Policy. It found that families in the lowest fifth of California's income distribution pay a larger share of their incomes in state and local taxes than do other families, including the very wealthy.

Families in the bottom fifth have an average annual income of just $13,900 and pay an estimated 10.5 percent of their incomes in state and local taxes. In contrast, the wealthiest 1 percent of families pay notably less of their incomes in state and local taxes — just 8.7 percent — while having an average annual income of $2 million.

The conclusions were the same even with Proposition 30's temporary tax increases, which were largely targeted to the wealthiest residents.
Story Date: April 24, 2015
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