CA tax revenues continue to drop despite tax hikes

CA tax revenues continue to drop despite tax hikes. “At the end of November, ‘taxes were 3% short in the fiscal year that started in July,’ which is ‘a gap of $936 million.’ The state was 0.7% short a month before.” Gee, what about those prestigious “studies” Moonbeam had done that showed people don’t care how high tax rates were? Hope he didn’t borrow money to pay for ’em.

Author: Bonfire of the Absurdities

After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

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