Comment: Forget About California

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Forget About California

Californians didn't like Prop 37, but they apparently liked the sales and income tax increases of Prop 30 which passed. I guess they believe sticking it to the rich will help the state raise an extra $6 billion per year, but it never seems to work out that way. The state still refuses to cut any spending so we'll just wait for future financial market reality to do it instead.