It will be interesting to see if taxpayers issue IOU’s to the state.
Damned straight they are (at least the smart ones). Taxpayer IOUs are in the form of increased number of withholding allowances. Why take the chance they won’t be able to pay you your refund next January? My wife and I are adjusting allowances right now so we pay the state.
Time for California to secede and then print their own money.