Monday, April 04, 2005

California Wins the Lottery...

Daniel Weintraub posts about a massive tax winfall from California corporations. This $2.5 billion bonus is apparently linked to a partial amnesty incentive for companies disputing their tax obligations to the state. I'm still not sure whether these are just promises to pay or actual cash in hand for Sacremento. It will be interesting to see how this one-time windfall is spent.


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