CalMatters: Would fed change make higher state taxes more likely? ...Middle East

California has long held the dubious honor of having the nation’s highest income tax rates — 13.3 percent for those at the very top of the income ladder. However, New York is coming closer to California. Its governor, Andrew Cuomo, and legislative leaders have agreed to boost state income tax rates to as high as 10.9 percent. For those in New York City, which has a top rate of 3.88 percent, the potential bite could be as much as 14.8 percent. Some California legislators want to add another point or two to the state’s income tax rate, saying the money is needed to adequately finance schools and medical and social welfare programs. However, Gov. Gavin Newsom has threatened to veto any income t

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