Lot of money is needed to fund pensions, welfare, prisons and high speed train …
By the way do not read much into proposed cuts by Brown in this budget. I predict that
(1) Legislature will never pass them
(2) Or they will be carefully designed such that courts will overturn them (that is what happened to many of last year’s cuts)
(3) Or they will go into effect and them someone will complain and then those will be rolled back (also happened last year.)
Luckily we are still allowed to vote on the tax increase. However I predict that after Nov election, Dems will finally get their 2/3 majority in assembly and senate. After that they will not even ask you to vote on it!