Californians will pay more to shop, to drive their cars and simply to live in the Golden State under a new budget to be signed by Gov. Arnold Schwarzenegger today that raises $12.8 billion in new taxes. The state Legislature agreed to raise the sales tax, income tax and vehicle license fees to help close the state's staggering $41 billion deficit. Here are answers to common questions about how much the tax increases will cost.
Did you know California has 12% of U.S. residents in a land mass the size of Japan?
And that Japan has 42% (128,000,000) of the U.S.' (300,000,000) population?