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Prop 13 strikes again. Due to it CA has wild revenue shifts.
by wbl 7y ago
Prop 13 strikes again. Due to it CA has wild revenue shifts.
- briandear 7y agoWhat are they doing with all of the sales and income taxes I pay?
- thedance 7y agohttp://www.ebudget.ca.gov/budget/2020-21/#/Home http://www.ebudget.ca.gov/budget/2020-21/#/Home
- WalterBright 7y agoThe idea is to bank the surplus during the fat years. But no politician was ever re-elected for having a budget surplus.
- thedance 7y agoJerry Brown passed the California "rainy day fund" in November 2014 on the same ballot on which he was re-elected. Literally re-elected on a budget surplus platform.
- tathougies 7y agoToo bad the surplus came from cutting the emergency preparedness programs that ought to have been funded by a surplus.
- WalterBright 7y agoHaving a budget surplus platform is not at all the same thing as having a budget surplus.
- Gibbon1 7y agoReminds me. Prop 13 was passed in the 70's when Brown was governor. One of the things the proponents hammered on was Brown's budget was running a surplus.