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

Nederland Nieuws Nieuws

Why December's ugly stock market is very bad news for California's finances
Nederland Laatste Nieuws,Nederland Headlines

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.

 

Be cool 😂🇺🇸

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.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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