diberry - 9:16 pm on Jun 29, 2011 (gmt 0)
@LifeInAsia, that's what I'm afraid of, too. But the Franchise Tax Board released a report predicting that CA won't make anything and may lose money (income tax) if this bill passes. There are ways for him to work around the politics of it, especially given that voters don't favor the bill.
But it would take courage, and politicians typically aren't big risk-takers.