How California destroyed its middle class

“However, today when we look at California, it’s got the highest number of homeless people in the United States. Half of all of America’s homeless live in California.”

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“One-third of all the welfare recipients in the United States live in California. One-fifth of all Californians live below the poverty line.”

“California yet has the highest taxes in the country in the aggregate, the highest property taxes because of the enormous assessed evaluations…highest sales tax at over 10 to 11%, highest income tax at up to 13.2%.”

“The result of all of that that is is the middle class finds itself unable to pay and be competitive with other businesses in other states.”

(Quotes via Battleswarm)

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