Dan Walters: Despite tax increase, California’s fiscal woes remain

Gov. Jerry Brown’s campaign for Proposition 30, his sales and income tax increase, more or less promised voters that it would solve the state’s chronic budget problems.

It was a somewhat specious contention, although apparently an effective one, since voters did pass the measure.

Scarcely a week later, though, we were told by the Legislature’s budget analyst, Mac Taylor, that there’s still a deficit in the current fiscal year’s budget, albeit a relatively small one.

Read more here: http://www.sacbee.com/2012/11/16/4990212/dan-walters-despite-tax-increase.html#mi_rss=Dan%20Walters#storylink=cpy

via Dan Walters: Despite tax increase, California’s fiscal woes remain.

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