Yesterday was “veto day,” which is when the Legislature took up the bills that the Governor had vetoed. I’d like to call your attention to the following two bills:
The 3% increase in income tax for those making over $200,000 (including businesses) creates the highest income tax rate for those making up to $1,000,000 in the country. After you get over $1 million, California rates go higher than Maine. Maine will then be #2.