California is set to receive $5B more in tax revenue for January than it initially forecast. One...

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davidingeorgia Comments (2713)
 
I think reason #2 is about 3 zillion times more likely than #1 is. Unless California is now counting all the tax dollars that citizens and businesses who *used* to be in the state are now paying in their new home states after fleeing California's higher rates? Given what passes for "accounting" in California, I suppose it's possible. "Hey, look! We've got a budget surplus now!" Unfortunately, that surplus only exists in Governor Brown's imagination.
31 Jan, 06:08 AM Reply Like

Sam Liu Comments (3134)
 
i don't get Obama immigrant policy of previous migrants: was that to collect for all taxes on past earnings.

Something sounds strange about that.
31 Jan, 06:22 AM Reply Like

youngman442002 Comments (5024)
 
Its number two......but I bet that the California budget misses this year by 5 billion.....misses again...and ole Jerry will have to do another one
31 Jan, 06:48 AM Reply Like

Sam Liu Comments (3134)
 
at least that ($5 billion) isn't the $22-$26 billion, that Brown inherited
31 Jan, 06:55 AM Reply Like