| | LinkedIn Network Updates, Oct 12 - Oct 19 | |  | | | Updates from Your Extended Network
Connect with them to see what they're up to | |  | | Thomas L. Sheehy In California, the top 1% of personal income tax filers pay 50% of all the PIT that comes into the state general fund. PIT accounts for 55% of the GF annual revenues. That means almost 1/3 of the state GF comes from and is controlled by about 136,000 returns - this in a state of over 37 million. In fact, this concentration of wealth has been the primary cause of revenue volatility that has been a key factor in California state government structural budget deficits in the last two decades. When these folks get a cold, the state gets a sever case of influenza. Click FB link to read more. |  | | Why Not "Soak" The Rich? In California, the top 1% of personal income tax filers pay 50% of all the personal income tax that comes into the state general fund. PIT accounts for 55% of the general fund annual revenues. That means almost 1/3 of the state... | | |  | | Lourdes Brezo-Martinez Greenberg Traurig Launches #Patent Reform Law Website http://t.co/43F7zfdh (http://t.co/xIsfC2Pt) |  | | Iris Escarra It is impressive how the Design District has transformed. Very exicting to see how it has evolved and am looking forward to what is yet to come.... | Designing a Bright Future DBR Reporter Paola Iuspa talks to Jeff Morr of Majestic Properties and Eric Garcia of Bobby Berk Home about the resurgent Design District north of downtown Miami. | | |  | | Terrance Carroll RT @washingtonpost: GE CEO's empathy for #occupywallstreet: http://t.co/Myp0lfTj | | | |  | |  | | |
