john s. gordon

What Went Wrong with California, New York, and New Jersey?

delaware is a special case, they get most of their state revenue from incorporation fees from out-of-state corporations that have no operations in the state but keep a one-room office in DE to comply with state law.
> jack

California's Default Is Certain

california agriculture receives subsidies not only from the state but from the nation's taxpayers as well, in the form of irrigation water supplied to mammoth corporate farms at below market value.
correction of this situation will generate increased costs to consumers at the store, and perhaps less cross-country trucking of produce if foodstuffs are produced closer to the point of consumption.
> jack