Key questions about California’s budget deficit remain unanswered as deadlines loom

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Key questions about California’s budget deficit remain unanswered as deadlines loom

The must-follow website this month among California’s politicians, bureaucrats and interest group lobbyists is the “California Personal Income Tax Daily Revenue Tracker” that’s updated daily by the state controller’s office. Last week was the deadline for filing personal income tax returns, and income taxes are by far the most important source of state revenue. What’s collected this month will have a big effect on the size of the state budget de…