California Is Awash in Cash, Thanks to a Booming Market In a single year, the state’s financial outlook has gone from surplus to deficit to surplus as capital gains tax collections have risen amid a soaring stock market and I.P.O. boom. https://ift.tt/eA8V8J https://www.nytimes.com

In a single year, the state’s financial outlook has gone from surplus to deficit to surplus as capital gains tax collections have risen amid a soaring stock market and I.P.O. boom.

from NYT > Top Stories https://ift.tt/3gJNGmt
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