As California Goes, So Goes The Nation

CALIFORNIA QUICK FACTS

Highest Marginal Tax Rate in California: 13.3% (but the state legislature is trying to get it up to 17%)
The LA Times newspaper isn’t even in the city of Los Angeles anymore. They moved to El Segundo to cut costs. So much for doing business in the city of Los Angeles.
The average California home value is $741,789. That’s 3 bedroom 2 baths on a postage stamp size lot.
$100,000 per year is considered low income in San Francisco. Multiple jobs and side gigs are required to survive.
According to Zillow, median rent in California is $2902 a month for a house.
Average rent for a one bedroom apartment in L.A. is $2419 a month
On average, California residents spend about $285 per month on electricity. That adds up to $3,420 per year.
Natural Gas averages $75 a month
Water averages $80 a month (but that’s gonna go up)
Cable and Internet averages $125
Average Grocery & Food Costs in California: $322.08 per person, per month (not including eating out)
Average price for a gallon of gas is $5.32 (in major cities it can be a lot higher. Some parts of L.A. charge $6.49 a gallon) and it keeps going up.
California has 13 million households in the state of which 2 million are on Food Stamps. That’s the highest in the country. That’s 15.3%
California has 28% of the entire country’s Homeless population