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Newsom Raises State Income Tax To 110 Percent

   

SACRAMENTO, CA — Facing an operational budget shortfall of $10 billion, Governor Gavin Newsom announced today that he would offset expenditures by raising the California state income tax to 110%.

  SACRAMENTO, CA — Facing an operational budget shortfall of $10 billion, Governor Gavin Newsom announced today that he would offset expenditures by raising the California state income tax to 110%. Read More

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