Personally I don't think that they have the ability, or the will, to think in realistic economic terms.
I predict that California will vote to raise taxes on the highest earners in the state, both personal and corporate. This will cause those high earners to start to flee the state, taking their money, and the businesses, and jobs that they create, with them, and what will end up happening is that the lawmakers will actually succeed in LOWERING the states revenues.
You read it here first.
.
|