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Noteworthy, Concerning Facts & Figures about California

Wage increases are lagging spending increases. This is a classic sign of upcoming recession.


Residents of Chicago are technically on the hook for more than $250 billion in debt issued by four different government agencies.




One-third of Millennials and Gen Xers have already used money for expenses, survey finds.

 

While property crimes such as burglary and car theft have continued to decline, down 1.9 percent between 2011 and 2016, violent crimes have spiked, up 7.4 percent during that period, with “aggravated assault” seeing the biggest jump.

 

Schedule of Upcoming Financial Burdens

  1. Nov. 1, 2017: car tax rises 19 cents a gallon
  2. Jan. 1, 2018: minimum wage rises to $11 an hour
  3. Jan. 1, 2019: minimum wage rises to $12 an hour
  4. Jan. 1, 2020: minimum wage rises to $13 an hour
  5. Jan. 1, 2021: AB 398 cap-and-trade gas tax could raise gas taxes as much as 63 cents per gallon (per the Legislative Analyst’s March 29, 2017 letter)
  6. Jan. 1, 2021: minimum wage rises to $14 an hour
  7. Jan. 1, 2022: minimum wage rises to $15 an hour
  8. Jan. 1, 2031: AB 398 cap-and-trade gas tax could raise gas taxes as much as 73 cents per gallon (per the Legislative Analyst’s March 29, 2017 letter)

 

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