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How to Reduce the California State Budget by $40 Billion

How to Reduce the California State Budget by $40 Billion

by Ed Ring, California Policy Center | December 28, 2017   As of a few days ago, high-wage earners have a new reason to leave California: their state income taxes are no longer deductible on their federal income tax returns. Can California’s union-controlled state legislature adapt? Can they lower the top marginal tax rates to keep […]