"As budgets are being finalized both at the city and state level, caution would be appropriate. There are so many geopolitical trends that are happening that are way beyond our control."
Mamdani stated that the City Council's budget strategy effectively ensures this structural deficit will continue indefinitely, impacting vital city services and failing to solve deep financial problems.
I never thought I'd live in California. I grew up in Colorado, went to college in Boston, and lived in Texas. I came out here for business school because I wanted to be at Stanford, and because you could play golf during the winter. Now I love it here. It has nothing to do with taxes; taxes have never been anywhere on our list of criteria for deciding where to live. I want to live where my family is and love the weather, the jobs,
When it comes to tax season, it's always an annual reminder that where you live does determine how much of your paycheck actually stays in your pocket. While federal taxes apply equally across state lines, state and local taxes can vary, often dramatically, and for residents of the highest-taxed states, the difference can amount to thousands of dollars every year.
