California Importing Poverty

[Ron61]

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

[427sharpe]

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!