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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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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.

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.”

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.”

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

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