Apparently, and to his credit, the Austrian is not entertaining the harebrained notion to nurture and facilitate the growth of small business in California. Small business simply doesn't generate their fair share of tax revenue.
Neither is the governor foolish enough to harbor large corporations in California. Large corporations generally have the means to shelter their profits and don't return an equitable revenue to the coffers of either state government or organized labor. Additionally, large corporations, outside agriculture, typically require an employee skill set well beyond that of California's new modal resident. Just as tank driving is not usually a prerequisite for entry level work in the political class, a certificate of competency from an ESL class does not usually generate a 6 figure income from Toyota or IBM, the threshold for meaningful, state income tax obligations.
Schwarzenegger is also wise enough to recognize that California's wealthy are simply not doing their fair share to subsidize the failure of economic models in the southern regions of our hemisphere. California's shrinking middle class must be made to recognize their increasing moral obligation to ameliorate the social failures of our geopolitical neighbors.
After reading this, I wish for only one thing... to have seen the expression on your face when you wrote it.
LOL.
I think you pretty well nailed the thought process of Sacramento’s resident ruler.