Monday, May 18, 2009

Your State Has No State Income Tax? Now You'll Be Paying California Taxes

Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming have no state income tax. New Hampshire and Tennessee come close - they only tax dividend and interest income.

Well, it looks like there is a good chance that ALL of us - including residents of those enlightened states - are going to wind up paying California taxes.

Our Federal Government is probably going to wind up supporting California. California spends money in ways that would have me camped out in my state legislator's office in protest. We non-Californians have absolutely no way to impact the way that state's legislature spends money, though, and our tax dollars are going to be spent on all of those California projects that we would never tolerate at home.

If that isn't TAXATION WITHOUT REPRESENTATION, what is?

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