Gov. Jerry Brown shows a graph that shows the unpredictability of income taxes on capital gains as he announces his revised 2016-17 state budget revise at the Capitol on May 13, 2016. The state is highly dependent on taxes paid by the wealthiest Californians, much of which derives from their gains in stocks and other investments.
Gov. Jerry Brown shows a graph that shows the unpredictability of income taxes on capital gains as he announces his revised 2016-17 state budget revise at the Capitol on May 13, 2016. The state is highly dependent on taxes paid by the wealthiest Californians, much of which derives from their gains in stocks and other investments. Hector Amezcua hamezcua@sacbee.com
Gov. Jerry Brown shows a graph that shows the unpredictability of income taxes on capital gains as he announces his revised 2016-17 state budget revise at the Capitol on May 13, 2016. The state is highly dependent on taxes paid by the wealthiest Californians, much of which derives from their gains in stocks and other investments. Hector Amezcua hamezcua@sacbee.com
Dan Walters

Dan Walters

Observations on California and its politics

Dan Walters

Brown probably won’t leave budget deficit, but future cloudy

November 20, 2016 2:44 PM

Comments

Videos

About This Blog


Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee