I'm now hearing that personal income tax revenues in September also overshot projections by quite a bit, perhaps as much as $400 million. And the corporate tax bump was more like $500 million. So for the month, depending on how the sales tax did, the total take could be around $1 billion more than was projected in the budget. It's way too early in the year to call this a trend, and some observers even think the corporate tax surplus might be related to rebuilding contracts after Katrina. But with Schwarzenegger facing a $6 billion or so projected operating shortfall going into the next fiscal year, a billion here and a billion there would go a long ways toward making life easier for him, the Legislature and the people of California.
Posted by dweintraub at 3:50 PM
Three prominent reform groups -- Common Cause, CalPIRG and TheRestOfUs.org -- have endorsed Prop. 77, the redistricting reform measure. These groups, especially Common Cause, have been working for fair, independent district boundaries for a long time. Perhaps their backing of this measure will help dispel the opposition argument that it's a partisan power grab -- for either the Republicans or the Democrats, depending on who is making the accusation.
From the statement by Common Cause national president Chellie Pingree:
“The current system, where self-interested politicians are responsible for drawing political boundaries, is rotten to the core. It’s time to get the fox out of the henhouse and to put an end to California’s rigged system of elections. Prop. 77 takes the power to draw legislative and congressional districts out of the hands of partisan legislators in Sacramento and puts the issue before the voters. This proposal is not perfect, none ever is. But this is an important first step and I urge the people of California to vote yes on Prop. 77."
Posted by dweintraub at 3:35 PM
Sen. John Campbell leads the field with 46 percent of the vote in the race to succeed Rep. Chris Cox in Orange County. Anti-immigration activist Jim Gilchrist, running as an American Independent, has 14 percent of the vote and will be on the ballot in the Dec. 6 run-off. The results are here. And check OCBlog for updated analysis.
Posted by dweintraub at 5:09 AM