Opinion: ‘Revenue Volatility’ Central to Calif. Budget Woes
Sacramento Bee columnist Dan Walters argues that California's "revenue volatility" is central to the state's budget problems and would "worsen" under a compromise tax initiative developed by Gov. Jerry Brown (D) and supporters of the "Millionaires Tax."Â Walters writes that until revenue volatility is reduced, "either through tax reform or a spending limit," budget problems will continue.
- "Dan Walters: California's Volatile Tax Revenue Still a Problem" (Walters, Sacramento Bee, 3/25).