So Facebook taxes are funding California government?

CalWatch: “The general fund amount is $122.6 billion, up by 6 percent over this year. Other special funds and spending outside the Legislature’s direct control bring the expected total to $170.7 billion,” the San Francisco Chronicle noted. “The rocket fuel behind these sums is the state’s volatile capital gains tax, paid by the wealthy in good times. It’s a feast or famine levy that rides with economic swings and right now it’s coining money for Sacramento.”

Wait a  minute.  Spending up 6% in Sacramento, and it relies on  the Facebook crowd for taxes? Jerry dear, the FANG is down bout 5% this year, it may not recover.  Your ports are idling with trade dead, trucking is down .  Growth is and has been below 2.1%.  There is no population growth, your entire plot now rests on the miracle of the Chinese homebuyer.  Local pension  unde funding is an additional 28 billion , mostly caused  by your governance.  So saving a puny 2 billion don 't mean squat, it's spiral time..

Here is your state:

Business Insider: In any given night in the United States, according to theDepartment of Housing and Urban Development, over half a million people are without a home.That number may have decreased nationwide in the past few years, but California remains on the forefront of the problem, accounting for 20 percent of the country’s homeless in 2014.

So, Jerry, you plan on  world citizenship and want to medicate and educate them all, instead you run out of mojo and they end up on  the street.