California is also required to refund taxpayers if it accumulates too much revenue. The state's spending is capped at some limit set in 1979 with adjustments fo

California is also required to refund taxpayers if it accumulates too much revenue. The state's spending is capped at some limit set in 1979 with adjustments for inflation and population. https://calbudgetcenter.org/resources/qa-why-hitting-gann-limit-threatens-ongoing-investments-in-californians/ https://calbudgetcenter.org/resources/qa-why-hitting-gann-li...