"The plan would raise the top marginal income tax rate to 12% from 10.3% - twice the national average - and corporate income tax rate would also rise to 9.3% from 8.4%."
Instead of giving them money, give them housing, education, healthcare and opportunity. That would help them make their own way and cost a heck of a lot less in the end. But unfortunately it is expensive up front.
Which is why we Canadians see this proposed income tax of 12% and biz tax of 10% and laugh. We sure don't have the homeless and poverty like CA (which has very unique geographic and economic reasons for this) but we pay income tax of around 50% and biz tax of almost 20%.
Movie stars I can live without. Mountains and beaches, not so much. But I could sure use a break from the taxes we pay. Then again, what we see around us doesn't look much like Larry's photo. Maybe I should be happy to be able to pay these high taxes.
Sorta like paying alimony (which I have just ended, after 25 years). It was expensive, but worth every cent.
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