K9Buck
Platinum Member
- Dec 25, 2009
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Jerry Brown isn't happy about it. Why not? I thought liberals loved seeing everyone's money going to the federal government.
Trump's tax cut not for everyone: 1 million Californians will owe $12 billion more next year
They’re the Californians who will lose a collective $12 billion because the new law caps a deduction they have been able to take for paying their state and local taxes, according to a new analysis by the Franchise Tax Board.
Very wealthy Californians earning more than $1 million a year will pay the lion’s share of that money, with 43,000 of them paying a combined $9 billion.
Trump's tax cut not for everyone: 1 million Californians will owe $12 billion more next year
They’re the Californians who will lose a collective $12 billion because the new law caps a deduction they have been able to take for paying their state and local taxes, according to a new analysis by the Franchise Tax Board.
Very wealthy Californians earning more than $1 million a year will pay the lion’s share of that money, with 43,000 of them paying a combined $9 billion.