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California is known for its generous pensions for state workers. The two largest pension funds have funding gaps of $111 billion and $98 billion. There
California is known for its generous pensions for state workers. The two largest pension funds have funding gaps of $111 billion and $98 billion. There are about 35.77 million residents of California. How many $s would each Californian have to pay in extra taxes to fill both of these funding gaps?
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