Ravenwood - 08/12/02 11:30 AM
Gray Davis and the big spending legislature can't control the budget, look to raise taxes instead
Upon entering the governor's mansion three years ago, Gray Davis inherited a $7 billion budget surplus. Today, despite being one of the highest taxed states in the nation, California faces a $23.6 billion budget shortfall. One might conclude that state spending needs to be addressed. But Davis and his friends in the legislature are pushing for a massive tax increase instead.
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