LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy
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FEBRUARY 28, 2013
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year.
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