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Ca Top Earners Will Pay More Than 50% This Year


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[color=#000000][font=Georgia, Times,]With the new year, big earners are confronting a 51.9 percent federal-state income tax hit on earnings over $1 million, the result of a confluence of new tax-the-rich levies imposed by California and Congress in the closing days of 2012. That is officially the highest in the nation. And at 13.3 percent, the top-tier California income tax is, in addition to being higher than any other state, the steepest it has been since World War II.[/font][/color]
[color=#000000][font=Georgia, Times,]Though no one expects traffic jams at 30,000 feet as panicked millionaires make for the state line, the wealthy are once again grumbling about abandoning California for less punishing tax climates. Phil Mickelson, the golfer who collects purses in excess of $1 million, suggested that he might become the latest in a line of athletes and entertainment figures, among them Tiger Woods, who left California for states like Florida, which has no personal income tax.[/font][/color]
[color=#000000][font=Georgia, Times,]The Republican governor of Texas, Rick Perry, firing a new shot in an old interstate war, began putting [/font][/color][i][url="http://www.youtube.com/watch?v=oGTEGfEoEJo"]radio advertisements[/url][/i][color=#000000][font=Georgia, Times,] on the air in California this week summoning burdened businesses his way. “I have a message for California business: Come check out Texas,” Mr. Perry said.[/font][/color]
[color=#000000][font=Georgia, Times,](More on Yahoo site)[/font][/color]


[b][color=#000000][font=Georgia, Times,]Eee state in Liberal scum bags have destroyed with illegals and welfare handouts to a point of no return. Small businesses will move out for sure and that will be the final death bell for this bankrupt state. Obama gaadu National level lo ade pani meeda unnadu Obmacare taxes tho. Any Liberal Democrat state is a hell hole and it will eventually be transformed to a bankrupt state for sure.[/font][/color][/b]

[b][color=#ff0000][font=Georgia, Times,]I miss TEXAS [/font][/color][color=#000000][font=Georgia, Times,]and will be there on the first flight when i get my next assignment.[/font][/color][/b]

Posted

[img]http://www.bewarsetalk.net/discus/movieanimated3/bemmi.lol1.gif[/img] 1 million sampadincheytodu db la endhuku untaadu vayya

Posted

[quote name='Alexander' timestamp='1360341903' post='1303248025']
[img]http://www.bewarsetalk.net/discus/movieanimated3/bemmi.lol1.gif[/img] 1 million sampadincheytodu db la endhuku untaadu vayya
[/quote]

1 Million ani kaadu dude this will dry away small business owners and rich folks who are the drivers for growth and jobs.

Posted

[quote name='Truth_Believer' timestamp='1360341998' post='1303248041']

1 Million ani kaadu dude this will dry away small business owners and rich folks who are the drivers for growth and jobs.
[/quote]
adhi thelisindhey kadhaa.. chala comapnies are shifting their operations to Texas from CA ...

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