No Deficit of Ideas for Reforming Budget in State

By HOWARD FINE

It's the most vexing financial problem facing California today and has been at the heart of the recall effort: how to bring more money into state coffers and not be so dependent on volatile income taxes?

At the peak of dot-com mania, the state drew more than 20 percent of its overall revenues from the sale of stock options by high-income taxpayers...

Take 1 minute to subscribe and you'll get this story immediately, plus:

Already a subscriber? Sign in

  • 52 weekly issues
  • Subscriber-only digital content every business day, plus full access to SDBJ.com archives
  • Book of Lists — the most comprehensive business resource in San Diego
  • San Diego 500 — influential business leaders you need to know
Yours for only $129