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The top 1 percent of earners accounted for nearly half of the state’s personal income-tax collections in 2015.
California’s Brown Draws Wall Street Love for Caution Amid Boom
published Jan 10, 2018, 8:00:00 AM, by Romy Varghese (Bloomberg) — California is raking in cash from surging stocks and is sitting on billions in reserves. Governor Jerry Brown may resist spending much of it, keeping with the fiscal restraint that’s won applause from Wall Street. The Democrat’s proposed budget
