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8/26/2003

Then Agian, Who Cares? (Even in CA?)

Then Agian, Who Cares? (Even in CA?)

Bustamante's budget -- tough something

As GOP hopeful Peter Ueberroth told The San Francisco Chronicle on Thursday, the number of top income earners fell from 40,000 -- actually, 44,000 -- California taxpayers reporting seven-figure incomes in 2001 to only 29,000 a year later. In 2000, millionaires paid $15 billion (37 percent) of the money collected in personal income taxes; but either because they left the state or their incomes declined, a year later they paid $8 billion (25 percent).

Rich people are thinking about packing up and leaving -- and Bustamante wants to give them another reason to buy real estate in Nevada.