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Updated: Monday, 30 Jan 2012, 1:28 PM PST
Published : Monday, 30 Jan 2012, 1:21 PM PST
Los Angeles - California is near the bottom of states with greatest tax burden.
A new report by the Tax Foundation says California ranks 48th out of 50 states for the worst tax climate.
Series producer Heidi Cuda explains the impact this is having on business in our state.
Watch the video report in the media player.