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California Matters: Politicians refused to fix California s boom-and-bust tax system | Columns

California Matters: Politicians refused to fix California s boom-and-bust tax system | Columns
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United statesArnold schwarzeneggerGerald parskyGavin newsomJerry brownGabe petekGreat recession

Opinion: Politicians Refuse to Fix California s Boom-and-Bust Tax System

California politicians have steadfastly refused to deal with the volatile revenues that plague the state budget. They now face a whopping $68 billion deficit.

United statesJerry brownGavin newsomArnold schwarzeneggerToni atkinGerald parskyGabe petekGreat recession

CALMATTERS: Politicians refused to fix California s boom-and-bust tax system They now face a $68 billion deficit | Columns

It is truly amazing – and not in a good way – that California’s politicians cannot grasp a phenomenon that has plagued state finances for years, known as “volatility.”

United statesArnold schwarzeneggerGabe petekGavin newsomJerry brownGerald parskyGreat recessionIcardo laraPrimary electionJerry brownJohn chiangUs supreme courtLass actionEntertainment industryRecording industryMovie industry

Politicians refused to fix boom-and-bust tax system — now they face a $68B deficit

It is truly amazing — and not in a good way — that California’s politicians cannot grasp a phenomenon that has plagued state finances for years, known as “volatility.”

United statesGavin newsomArnold schwarzeneggerJerry brownGerald parskyGabe petekGreat recessionThe economyEvenue services

Politicians refused to fix California s boom-and-bust tax system They now face a $68 billion deficit

An overhaul of California’s tax system is the best solution, as difficult as that is for a Legislature dominated by left-leaning Democrats

United statesGerald parskyJerry brownGabe petekArnold schwarzeneggerGavin newsomGreat recession

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