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Californians Pay Fourth Most in State/Local Taxes

 
Californians Pay Fourth Most in State/Local Taxes
Posted April 3rd, 2014 @ 6:12pm by KFBK News - Joe Michaels

If you think you're paying a lot in taxes a new report will confirm your suspicions.

The Tax Foundation released their annual report this week and just like last year, California has the fourth highest state and local tax burden in the country.

Californians paid 11.4% of their collective incomes to state and local taxes in 2011.

That's well above the national average of 9.8%, only the residents of New York, New Jersey and Connecticut pay a greater rate.

It also towers well above the nation's lowest rate.  That's 6.9% in Wyoming.  

There is a silver lining, however.

California actually saw a decrease in the share of state and local taxes as a share of income between 2010 and 2011.

The survey works only with state and local tax collection data, including property, sales, personal income, and business taxes.  

It doesn't include any transfers from the FEDERAL government.

Click here to take a look at the whole study.

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