San Francisco Stats

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Category: Budget & Taxes

California Among the States Where You’ll Pay the Most in Electric Bills

Whether it is powering a refrigerator to keep food from spoiling or heating water for a shower, many of modern life’s most basic functions require electricity. However, the cost of running a refrigerator for a month could be up to three times more expensive depending on the state. To highlight how electricity costs vary across […]

California is the 3rd Most Expensive State to Drive

The cost of driving a car in one state compared to another can differ by more than $2,000 a year. In states where accidents are prevalent, insurance rates are often higher. In western states, gas prices tend to be higher. And in states with bad road conditions, vehicles require more frequent repairs. All these factors […]

California the 3rd Least Tax-Friendly State for Business

States compete to attract new businesses, which can generate jobs and contribute to economic growth. While every state levies some form of taxes on businesses, some states are more tax-friendly than others. In addition to other factors, such as the strength of the labor force, a state’s tax code is an important consideration for businesses […]

California Has the 6th Highest Taxes

In the U.S. federalist system, each state government decides how to generate revenue — that is, which taxes to collect, and how. No state tax code is identical, and largely as a result, what the average American pays annually in taxes varies from state to state. 24/7 Wall St. reviewed each state’s tax burden — […]

California’s Sales Tax Among the Highest in the Nation

Because sales tax is regressive — disproportionately affecting poorer residents — the decision to raise or lower the sales tax rate is often accompanied by intense debate. Still, last year, hundreds of cities and several states raised sales tax rates, although many others lowered rates as well. Sales taxes are levied by both state and […]

California Has the 7th Highest Gas Tax

The federal government has some $51.4 billion in its coffers, primarily set aside for road construction and repair. These funds are raised from a federally imposed 18.4 cent tax on every gallon of gas purchased on American soil. On top of the federal tax, each state collects its own tax on every gallon of gas […]

California Managed Better Than Most States

Comparing the quality of governance between states can be challenging. The decisions state governors, legislators, city mayors and other elected officials make can have wide-reaching effects on state residents, and these decisions can sometimes take years to have an impact. Aware of these inherent challenges, 24/7 Wall St. has for seven straight years reviewed the […]

Tax Revenue From Marijuana in California Could Be $1.1 Billion

Four states and the District of Columbia have voted since 2012 to legalize the retail sale of marijuana. One main incentive of legalization is the tax revenue states receive from marijuana sales. The first two states to legalize marijuana — Colorado and Washington — began sales in 2014. After a slow start, tax revenues now […]

California is the 2nd Most Expensive State to Drive

After housing, transportation is the average American’s second largest yearly expense. Gasoline, insurance, and car repairs cost the average driver more than $3,000 annually. A number of factors, such as gas prices and road infrastructure, determine the cost of owning and operating a car. These factors vary widely from state to state. To identify the […]

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