dajo9 said:82gradDLSdad said:dajo9 said:82gradDLSdad said:dajo9 said:oski003 said:82gradDLSdad said:DiabloWags said:
Employers in the SF Bay Area added 13,600 jobs in January, propelled by big employment gains in the South Bay with impressive job growth in Silicon Valley, even amid large hi-tech layoffs.
The South Bay added 5,000 jobs in January.
The San Francisco - San Mateo region added 3,400 jobs in January.
The East Bay gained 2,200 jobs in January.
All total, CA added 58,100 jobs in January.
State Unemployment Rate: 5.2%
We are doing so good:
Newsom Wants to Add $6.4 Billion to California's $1.6 Trillion Debt with Proposition 1
Who cares? In a "roaring economy" with "record unemployment" Biden manged to take our national debt to more than $34 trillion.
Raise taxes on the rich
"The top 5 percent of income earners pay 70 percent of the personal income tax. And the personal income tax is California's biggest source of revenue," said Robert Gutierrez, CEO of the California Taxpayers Association
Cool story, bro. But the conversation was about Federal debt.
"In all, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid $723 billion in income taxes while the bottom 90 percent paid $450 billion."
You've explained where $1.2 trillion of federal revenue came from in 2020. But Federal revenues were $3.4 trillion. Now tell us where the other $2.2 trillion of federal revenue came from.
We were talking about fed debt. I threw a curve with the CA taxes and debt. Sorry. We spend too much. Both parties.