The Tax Foundation has determined that today is California's Tax Freedom Day:
Tax Freedom Day is the day when [California] as a whole has earned enough money to pay its total tax bill for the year. ...
The Foundation also offers these California tax facts:
- In 2013, California taxpayers worked until April 24th (6th latest nationally) to pay their total tax bill.
- California ranks 48th in the Tax Foundation's State Business Tax Climate Index.
- California's personal income tax system consists of ten brackets and a top rate of 13.3%. That rate ranks highest among states levying an individual income tax.