John, From the hard edge of reason, when you take away peoples emotional relationship to money, you are correct. However, it was on Townhall financial that I read a lenthy analysis that indicated the stock bubble of the late 1990'2 (responsible for balancing the budget) was caused in part by a reduction in capital gains taxxes relative to divident taxes. This produced an incentive to bid up the price of stocks. capital gains on stock do not meerly relfect the zero sum game of poker. A stock (fraction of a corporation) accumulates value as the accumulated storage of the worker's labor and management's wisdom. reduce corp taxes to 0%, tax dividends, cap gain, and ordinary income at the same 2 or 3 scale rate.

Rich,
You need to grow up and make a realistic suggestion to the Governator, CA legislature, et al. You may as well expect them to adopt the 2001 budget of Germany.
California will only straighten itself out by falling low enough for the majority of CA voters to bit the bullet and give up on there utopian dreams. It has not happened yet, if the state gets bailed out, they will not get there this year. When it collapses, and 30 to 40 percent of state employees are dropped, the folks will finally get it.
Gil