In response to:

Taxifornia Lessons

ladyofthemanor Wrote: Dec 12, 2012 3:01 AM
There aren't enough conservatives in Calif. The liberals are taking over and waiting for their free stuff and a Fed bailout.

California revenue is up from a year ago. Unfortunately, California revenue is not up as much as expected, while spending is up way more than expected.

Please consider California Finances in November 2012 by state controller John Chiang.

November's tax receipts fell 10.8% short of expectations contained in the 2012-2013 State Budget, although they were above the year-ago level. Total revenues year to date are now 2.6% less than anticipated at this time, with shortfalls...