California's economy and tax structure
2018-09-23 19:01:09.37478+02 by Dan Lyke 0 comments
It's no secret that Proposition 13 has massively messed up California's revenue generation. This is an interesting look at how the emphasis on income tax for revenue, and the willingness of California's higher earners to consistently vote for higher taxes on themselves, might be causing some uncertainty and risk in long-term budget planning.
It's especially stark on just how much subsidy of rural and agricultural areas the state extracts from the tech sector. Can California’s next governor fix the state’s problems? It depends on Palo Alto