Why December's ugly stock market is very bad news for California's finances

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California could see its tax collections take a hit in December because of its heavy reliance on the wealthy for personal income taxes and the state's revenue volatility to even small changes in the financial markets.

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It's simple. CA doesn't know how to budget and then it penalizes producers. That's why capital flight is on the move to other, more business-friendly environments.

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

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The stock market, left for dead in December, is racing back to lifeCNN News, delivered. Select from our newsletters below and enter your email to subscribe. bro, sick stock mrkt Hardly... Oh 🤣 by how many percent
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With some ugly earnings reports rolling in, investors hope the bad news is 'priced in'With some ugly earnings reports rolling in, investors hope the bad news is 'priced in.' via TradingNation TradingNation It is crucial to get in some numbers that are easy to beat. Your company does not have to do well, but only beat the estimates to fool the algorithms. TradingNation The gatekeeper who prices it went to lunch and never came back TradingNation Oh yea definitely priced in already. We are only up 11% in the last 2 weeks
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Here's Why Stocks Have Sold-Off So Steeply In DecemberHere's why stocks have sold-off so steeply in December: Because Trump has gone off the rails? Fed Chair doubles down Thanks to Powell and FOMC, it’s time to buy Synchrony, Barclay, Citi, and all those publicly owned financing companies/credit cards whose interests are causing nosebleeds.
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