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  2. All the States That Provide Tax Breaks for Seniors - AOL

    www.aol.com/states-tax-breaks-seniors-130027018.html

    New Hampshire doesn’t tax personal income, but it does have a 4% tax on dividends and interest with a total gross from all sources of $2,400 for individuals. This tax is set to be phased out by ...

  3. Column: Lots of complaining about California's tax system ...

    www.aol.com/news/column-lots-complaining...

    Here’s a more familiar example of the volatility: In the 2022 tax year, during a bear market on Wall Street, the top 1% of California earners paid 38.7% of the state personal income tax.

  4. California State Income Taxes: 2023-2024 Tax Brackets ... - AOL

    www.aol.com/finance/california-state-income...

    Californians pay the highest marginal state income tax rate in the country -- 13.3%, according to Tax Foundation data. But California has a graduated tax rate, which means your rate increases with...

  5. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    The think tank Tax Foundation reported that in 1978, Californians had the third highest tax burden as a proportion of state income (tax-per-capita divided by income-per-capita) of 12.4% ($3,300 tax per capita, inflation adjusted). By 2012, it had fallen slightly to the sixth highest rate, 10.9%, ($4,100 tax per capita, inflation adjusted).

  6. 2012 California Proposition 30 - Wikipedia

    en.wikipedia.org/wiki/2012_California_Proposition_30

    The measure was approved by California voters by a margin of 55 to 45 percent. Proposition 30 provides for a personal income tax increase over seven years for California residents with an annual income over US$250,000 , to be implemented retroactively starting January 1, 2012 through the end of 2018. [4]

  7. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    Payroll tax. As of 2020, California charges between 3.4 (new employers) and 6.2 percent (maximum) in Unemployment Insurance (UI) Tax on the first 7000 dollars of wages in a year, paid by the employer. Employment Training Tax (ETT) is 0.1 percent, paid by some employers, on the first 7000 dollars of wages. State Disability Insurance (SDI) Tax is ...

  8. California has lost 25% of income taxes. Now, a new budget ...

    www.aol.com/california-lost-25-income-taxes...

    California companies that go public, for example, can create a stock windfall for its founders and big tax bills. In 2022 and 2023, the number of companies that went public is down 80% compared to ...

  9. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    If you have a long-term care insurance policy, you can also deduct a portion of the premiums you pay for that coverage based on your age — up to $1,630 in 2020 for ages 51 to 60, up to $4,350 ...

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