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Wednesday, June 19, 2024

Opinion | Newsom’s California Tax Whopper Specific Instances

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Thursday night time’s debate on Fox Information between Gavin Newsom and Ron DeSantis was instructive on many ranges. Whereas the Florida Governor pressured his superior document on crime, faculties and the economic system, Mr. Newsom centered on progressive cultural themes. However one in all Mr. Newsom’s financial howlers shouldn’t cross with out contradiction.

The Governor proudly defended his state’s progressive revenue tax that imposes a high price of 13.3% on taxpayers making greater than $1 million—the second highest within the nation after New York Metropolis. However he additionally asserted that Florida “taxes low-income staff greater than we tax millionaires and billionaires within the state of California.”

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