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Competent, national, and international warranties, the austin president , and his local and forwarding accomplices for high treason and undermining the internal and external security albany share following his exchanges with the representatives, a foreign heads of state and heads of international organizations. Interest has more now from the nigerian town of could seen that near the board to initiate are basically what they want. But the charges, the reading, i guess by the made include the discussions held with the United Nations secretary general and the secretary of state american secretary of state on teams lincoln. And also probably the coal with between about zoom and president mccormick cross. And also remember the ministry june to also spoke to some of these personalities and also spoke with the president of todd was the 1st International Visit to add to new jers ....
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 ....
Good morning. My concern is about the 2024 election. I hope we do not have the same election we had in 2020 where everybody received billions of dollars hello . Go ahead. [applause] welcome, everyone. I am the managing director. Always a pleasure to have you back. Right now even more so on the eve of a Spring Meeting coming up and you are back from a trip to china. We talked about a lot of these things. Before i start i wanted to remind you we have a lot of people watching this virtually so i want to remind all of you who are watching this virtually that you can send in questions if you have any, you can send them in by email or two events or on the Youtube Channels you are watching this on or on twitter. Any of those ways will hopefully reach us in time. I am sure there are people in the audience who have questions. Before we get to the questions i have questions of my own ....
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 ....
I pledge of allegiance to the flag of the United States of america. And to the republic, for which it stands, one nation, under god, indivisible with liberty and justice for all. Please be advised of the use of cell phones, pagers and similar Electronic Devices are prohibited at this meeting. Please be advised that the chairman ordered the removal from the meeting room of any person responsible for the ringing of or use of ale cell phone, pager or other similar soundproducing electronic device. Please be advised that a member of the public has up to three minutes to make pertinent Public Comments on each agenda item unless the Commission Adopts a shorter period on any item. There any Public Comments on ....