If a recession does hit in 2021, high-tax, high-volatility California is surely in for a rough ride.
California governor Jerry Brown wants to impose the state’s first-ever tax on drinking water.
The surging national economy has given California a budget surplus by some accounts of more than $5 billion, with tax collections up about $3.8 billion above what Governor Jerry Brown anticipated in January. California taxpayers should not expect Brown to return any money to the taxpayers, in the style of governor George Deukmejian, who...
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