Silicon Valley tech boom lifts California’s dreary budget view ...Middle East

By Maxwell Adler and Eliyahu Kamisher | Bloomberg The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers. California’s budget for the coming fiscal year is “roughly balanced,” the state’s Legislative Analyst’s Office said on Wednesday, citing a surge in corporate and personal-income tax […] The post Silicon Valley tech boom lifts California’s dreary budget view appeared first on NY Times News Today.

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