Monday, November 2, 2009

California to withhold a bigger chunk of paychecks

Subject: txt 1st cali mny -
Starting Sunday, cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear.

Technically, it's not a tax increase, even though it may feel like one when your next paycheck arrives.


Just think of it as a forced, interest-free loan..


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image toon - cali mny = CA spending bear eating all revenue stream

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