calbudgetcenter.org
Some of California's Wealthiest CEOs Run Corporations That Paid No Federal Income Tax - California Budget & Policy Center
The gap between the wealthiest Californians and the less well-off has widened substantially in recent decades, as illustrated in a new CBP report, A Generation of Widening Inequality. The average income of the middle fifth of California’s taxpayers was approximately $35,000 in 2009 – almost 15 percent lower than in 1987 on an inflation-adjusted basis. …