Death valley is the only area in US below sea level and it often feels like California is now at its lowest point ever. The California budget crisis is making life difficult for area residents.
A combination of real estate market crash along with massive unemployment of over 11.5% means the state is getting less tax revenue from taxes on {income, property, and sales}. This causes a shortfall in money. The solution is higher taxes and less services.
No comments:
Post a Comment