California comes out with something like 6 billion in slush, rather than the 18 billion in version one of revenue sharing. Newsom get education, day care funding, and a few others. The bulk of it is direct to business or direct to individuals.
So, what to think? Newsom needed a big pension payment, he has to look else where. This is Cal's third and last attempt at a Swamp bailout, and the tax scramble is coming back to California. Illinois is similarly deprived of the promised liquidity.
My opinion has become conflicted. The check is OK, but I have more tax battles here.
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