There was one big idea missing from Gavin Newsom’s revised budget: income tax cuts. California politicians assume that the government should spend as much as the economy will bear. Newsom’s budget grew almost 10% from last year, twice the rate of ...
There was one big idea missing from Gavin Newsom’s revised budget: income tax cuts. California politicians assume that the government should spend as much as the economy will bear. Newsom’s budget grew almost 10% from last year, twice the rate of economic growth. In other states, especially Republican ones, governors promise to cut taxes while...
