"Top 1 Percent" Pays Half of State Income Taxes December 4, 2014
In 2012, for perhaps the first time in state history, the top 1% of the state's tax filers paid slightly over half of the state's personal income taxes.
California Is the World's Eighth Largest Economy December 4, 2014
California's economy ranks among the largest on earth. As of 2013, it was larger than some of the Group of Eight (G8) industrialized economies, such as Canada and Italy.