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California Has Highest State Tax Rate

Thu 31 Jan 13 | 04:37 PM ET
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California Has Highest State Tax Rate

Thu 31 Jan 13 | 04:37 PM ET
We know that California has the highest tax rate, but it also ranks No. 1 when it comes to state, local and sales tax paid by the rich, reports CNBC's Robert Frank. Carol Pepper, Pepper International CEO, explains how much tax rates matter to your investments.
 
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