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Home / Opinion / California’s embarrassment of tax riches

California’s embarrassment of tax riches

California’s embarrassment of tax riches
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By JON COUPAL 

California politicians, including Gov. Gavin Newsom and majority party legislators, practically break their arms trying to pat themselves on the back for the fact that California has a large and unexpected budget surplus.

According to last month’s report from the California Department of Finance, general fund receipts for the first seven months of the current fiscal year were $10.5 billion above the Governor’s Budget forecast. But government policies had little to do with the generation of this […]

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