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Who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , historically high number represented in 2021. Now a drop. We look at the projections going out to about 5 . Those are remarkable swings in terms of that revenue collection as it relates t ....
Today. Fight night. Gop candidates clash in a fiery debate. The frontrunner once again not in the room, but his record and legal troubles top of mind. Donald trump should be here to answer for that, but hes not. Donald trump is missing in action. So did any of the hopefuls move the needle with voters . Well break it all down. Breaking overnight, back home. The american soldier expelled from north korea arriving at a military base in texas. New details on the negotiations. Behind his release and will he now face disciplinary action . Unavoidable. Time almost up to avoid a Government Shutdown and no sign of a deal. Millions of American Families bracing to go without paychecks in just two days. Just ahead, the impacts already being felt. In custody. The convicted felon wanted in the murder of a young tech ceo in baltimore arrested after a ve twoday manhunt. How police fi ....
Im sammys. I them, this is ill just say were alive from the hall. So coming up is ready for us is open fire on civilians trying to return home to know of in gaza into some of the right of a 3 in nigeria, 10 years since the kidnapping of almost 302 books school goals, 5 book us out on the now is just gone 1600. 00 g m t, thats about 7 p. M in tel aviv way is rouse wall cabinet, is meeting to decide how to deal with the unprecedented arabian miss all and drone to tack overnight. So 1st time it rains of directly targeted as well, from iran reading and official say it was in response to the bombing of the consulate in syria. 2 weeks ago. The members of the rainy and revolutionary gone commanders were also killed in that attack, which ron claims, israel full speaking ahead of the meeting will cabinet member ben again says israel will respond, fills the time is right. Well now you should be on an interface. Well see runs, we can really do the regional coordination and the price from it on, y ....
I think we passed out the larger format of the budget people are rummaging through but let me begin as we often do with a slide that has become more and more familiar, not just to those who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , h ....