A Sacramento watchdog group has come out with their annual report that finds California’s low-income earners are paying 10.5 percent of their income in state and local taxes while the wealthiest only pay 8.7 percent.
Money can buy a lot of things like fancy clothes, houses and cars, but love? A new dating app is requiring its users to have at least a six-figure salary.
The most expensive metro area in the U.S. is worse than Rwanda and Zimbabwe, and almost as bad as Guatemala and Suriname when it comes to the “haves” and the “have nots” according to San Francisco’s Human Services Agency, reviewing dozens of economic factors, including the “Gini Coefficient.”
Many people aspire to earn a six-figure income, but only about one-fifth of the nation’s households succeed. And, according to recent research, those six-figure families tend to congregate in a handful of cities, several of which are in the Bay Area.
The movement among millionaires to make the wealthy pay more in taxes didn’t start with Warren Buffett’s secretary. It began in Piedmont, at civil rights attorney Guy Saperstein’s house.