Gov. Jerry Brown said this morning that California's high tax rates have not dragged down the economy, defending his Nov. 6 ballot initiative to raise taxes in a television interview.
"I know we're a high-tax state, but that's happened under Ronald Reagan, it's happened under my father, it's happened under Schwarzenegger, it's gone a long time," the Democratic governor said on CNN's State of the Union with Candy Crowley. "Remember, California has created almost twice as many jobs at twice the rate of the country as a whole. So we're a real engine out here, in terms of Silicon Valley and Apple and Hewlett-Packard, and all the things we're doing."
California is outperforming other states in job creation, according to the state Employment Development Department, though double-digit unemployment remains higher than the national average.
Asked by Crowley if California's persistent budget deficits don't demonstrate that higher taxes hinder economic growth, Brown said, "It's just the opposite, because the economy is doing better than the rest of the nation."