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other words, save a tree, kill a moose. well, growing concern across the country tonight about the growing fall-out from the collapse of silicon valley bank and other california banks could be next at a time when california is already seeing some economic distress. let s bring in texas public policy foundation v.p. chuck. chuck, great to have you on. as for the collapse of silicon valley bank, i want to read this. this is from bloomberg today, right? the fall out stands to bring a reckoning to the bay area s tech-driven economy. a center of the state s recent economic boom, just as california is facing a broader slowdown, tax collections from high earners that drive revenue are falling as the stock market flounders and the theme there is that half of california taxes are paid by the top 1%. if they re not making money in the stock market, california s not making money. trace, it s absolutely correct. california has the highest

California sSilicon valley bankTexas public policy foundation v pBay areaDrive revenueStock market floundersTop 1Stock market