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According to the California Department of Food and Agriculture, "California agriculture is a $42.6 billion dollar industry that generates at least $100 billion in related economic activity." [ 37 ] The state's agricultural sales first exceeded $30 billion in 2004, [ 33 ] making it more than twice the size of any other state's agriculture industry.
[3] [4] Texas is commonly seen as having little government intervention and regulation, while in California the state takes a larger role in public policies. [5] There are also exceptions, discussed as part of the perceived rivalry, in which Texas has increased state intervention against immigration and abortion whereas California has reduced ...
The economics of the Enron scandal have been a target of the "two cows" joke, often describing the accounting fraud that took place in Enron's finances. Much of the beginning of the joke when used to describe Enron resembles the following: Enronism: You have two cows. You sell three of them to your publicly listed company, using letters of ...
California has the highest state income tax rate in the country for wealthier people, 13.3% for millionaires. But it is progressive, meaning those with lower incomes pay a lower percentage of ...
Articles relating to the economy of California, the largest in the United States, boasting a $3.2 trillion gross state product (GSP) as of 2019. If California were a sovereign nation (2019), it would rank as the world's fifth largest economy , ahead of India and behind Germany .
WalletHub ranked all 50 states in the U.S. based on economic activity, health and potential. California’s economy is among the best in the nation, new study reveals. Who’s No. 1?
That’s not the only income group where taxes are higher in Texas than California, either: The middle 20% of earners in Texas — making $35,800 to $56,000 a year — pay 9.7% in state and local ...
This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024.