Temporary California tax is set to expire — but Democrats want to make it permanent

Fonte: New York Post

California voters will decide in November whether to permanently lock in higher state income-tax rates for the state’s highest earners. Proposition 3 would make permanent income tax rates that California voters approved in 2012 and that are currently scheduled to expire in 2031. The measure applies to high-income Californians, with the income threshold currently set at $371,000 and adjusted annually for inflation.

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