“… Any upward spikes or downward plunges in income experienced by this wealthy subsection of Californians population is directly magnifies surpluses and deficits in the state’s total revenue. … PPIC states that California engaged in highly questionable small dollar actions in the last recession that included shifting state employee pay dates, accelerated taxpayer withholding dates, and moved a quarterly public pension payment from June to July.”
Read the full article on: American Thinker