And what? How about you lay it out for me, as if in a summary.
Can you do that? You DO participate in the discussion here, after all... right?
Since the EVIDENCE is that when you increase taxes, you “might” get a one time bump in revenues, but surprise, the next year somehow, for some unknown reason revenues collected go down. Can’t figure out how that happens.
Spending increases, though. And that NEVER changes.
Cool! California gets to run a deficit, just like an actual nation-state can!
I guess Cali doesn't have to play with the little kids anymore....
Say, Mark - if you happen to run into John Chiang, ask him how California managed to hire 18.3% of the new workers in the entire country last year (263,200 new jobs created!) but still was able to drop more than 3/4 of a billion dollars in personal income tax revenues for the last six months, when compared to the same period last year.
Does it take some special kind of stupid to do that, or do the new hires not have to do the whole "withholding thingee"?