[ExI] lotta splainin to do

spike at rainier66.com spike at rainier66.com
Wed Nov 23 01:08:41 UTC 2022


 

 

From: Max More <max at maxmore.com> 
Subject: Re: [ExI] lotta splainin to do

 

California may not be headed for bankruptcy soon but the budget is looking
bad going forward: 

 


California Heads for a Budget Crunch


The state that relies on the rich for revenue now faces a $25 billion
shortfall.


California Heads for a Budget Crunch - WSJ
<https://www.wsj.com/articles/california-heads-for-a-budget-crash-sacramento
-lao-shortfall-inflation-capital-gains-taxes-high-earners-11668958109?mod=Se
archresults_pos1&page=1> 


 
<https://www.wsj.com/articles/california-heads-for-a-budget-crash-sacramento
-lao-shortfall-inflation-capital-gains-taxes-high-earners-11668958109?mod=Se
archresults_pos1&page=1> 

 
<https://www.wsj.com/articles/california-heads-for-a-budget-crash-sacramento
-lao-shortfall-inflation-capital-gains-taxes-high-earners-11668958109?mod=Se
archresults_pos1&page=1> Opinion | California Heads for a Budget Crunch

The state that relies on the rich for revenue now faces a $25 billion
shortfall.

www.wsj.com

 

 

 

 

This is good news for Californians.  The size of the state government will
need to be cut to meet budget constraints.  We will have a demonstration
that life goes on with less government.

 

spike

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