OPINION: In California, a poor excuse for economic growth
In California’s 2017-2018 budget, is news of Californians starting to re-enter the workforce. However, the percentage of new jobs from the high wage sectors has dropped from 50% in 2012 to a low of 36% this past year. This means less money will be taken in by income tax since California taxes higher incomes but not lower incomes. So California officials might suggest the state is back at full employment, but the jobs being filled are lower wage jobs.
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