Opinion: Key Questions About California Budget Deficit Unanswered as Deadlines Loom ...Middle East

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Opinion: Key Questions About California Budget Deficit Unanswered as Deadlines Loom
Gov. Gavin Newsom presents his budget plan in Sacramento in January. Courtesy of the governor’s office The must-follow website this month among California’s politicians, bureaucrats and interest group lobbyists is the “California Personal Income Tax Daily Revenue Tracker” that’s updated daily by the state controller’s office. Last week was the deadline for filing personal income tax returns, and income taxes are by far the most important source of state revenue. What’s collected this month will have a big effect on the size of the state budget deficit that Gov. Gavin Newsom and legislators must cover, at least on paper, by June 15. Before April, state revenues from all sources w

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