No, California does NOT have the highest taxes of any state
Claim
Fact
California is one of the most equitable tax systems in the entire country
- California does NOT have the highest taxes of any state.
- In Florida and Texas, they tax their poorest more than we tax our richest in California.
- And speaking of Texas, Texas takes $71.1 billion of federal money from taxpayers, California gives $83.1 billion.
- We’re subsidizing red states while they promote tax cuts for billionaires and cut basic programs like free school lunch.
More Lies ...
No, Businesses are NOT fleeing California.
California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.
No, the $20 minimum wage for fast food workers did not damage the industry
Fast food employment increased for the first four months of the new minimum wage law going into effect.
No, California is NOT unfriendly to business
California is home to the most Fortune 500 companies, and the most Inc 5000 companies, and #1 for new business starts, #1 for access to venture capital funding.