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Why December's ugly stock market is very bad news for California's finances

LakeArrowhead (#1) 428 days ago US News decembers ugly stock market bad news californias finances All https://www.cnbc.com   Discuss  | Add To 
California could see its tax collections take a hit in December because of its heavy reliance on the wealthy for personal income taxes and the state's revenue volatility to even small changes in the financial markets.






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