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Note that this is one of their opinion pieces, not a news story. California budget information can be found at https://ebudget.ca.gov/2022-23/pdf/Enacted/Budget
by rsclient 4y ago
Note that this is one of their opinion pieces, not a news story. California budget information can be found at https://ebudget.ca.gov/2022-23/pdf/Enacted/BudgetSummary/SummaryCharts.pdf https://ebudget.ca.gov/2022-23/pdf/Enacted/BudgetSummary/Sum...
Note that the WSJ seems to entirely ignore local tax revenue. Any reasonable analysis of a state budget would automatically include both state and local finances since they are so intimately intertwined. Hence the WSJ claim of how dependent california is on high-value income tax: they can make that claim because they ignore other taxes
- laidoffamazon 4y agoThe right wing media has been dooming about the California budget since Jerry Brown fixed it. California remains one of the largest economies in the world, this isn’t even close to their biggest problem (the problem being housing and property tax).