Friday, March 04, 2011

California Tax Board Shows How 2009 Incomes Fell

The Sacramento Bee reports:
The state provided yet more evidence Thursday of California paychecks shrinking during the recession.

Statewide median income for all personal income tax returns filed for 2009 was $34,079, down 5.1 percent from $35,923 in 2008, according to statistics released by the California Franchise Tax Board.