In response to:

Taxifornia Lessons

SpaceVegetable Wrote: Dec 11, 2012 1:54 PM
Wow, why would anyone stay there? Everyone knows that "temporary" tax hikes are never temporary to Democrats. I know because we've had temporary tax hikes here in MA for many, many years and are still waiting for tax rates to drop back to normal.

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...