A 2.5% Income Tax Surcharge?
Watch the line form at the door for productive people to pull up stakes. This is nuts. California doesn’t deserve government this dim.
It appears as well that the federal bailout money will be used to reduce the spending “cuts,” not the tax hikes, making this a fraud from the start.
If the GOP delivers the votes for this “deal,” all of the GOP legislators will suffer the consequences, not just the termed-out sacrificial lambs who hope to take one for their friends. It won’t work that way. And it shouldn’t.