The Great Capitol Capital Gains Debate

February 27, 2012 · Filed Under CA Budget, CA Economy · Comments Off 

How much money will come from the richest Californians?

For years, we've all talked about how dependent California government is on the taxes paid by the state's most wealthy. Those dollars, often coming from their investments, can fluctuate from changes in the economy or tax policy.

But this year, the discussion in Sacramento may be almost exclusively about rich Californians -- specifically, how many of their tax dollars can lawmakers reasonably expect to collect?
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