UR – while you look at Texas, I’m looking at NJ and NY. Their property taxes are extremely high. They have toll roads in addition to that. And I know the State of NJ is in trouble financially. Just b/c they get money doesn’t always mean they are able to manage the money.
IMO California over the past decade has generated significant revenues. Hence, I think the problem is managing their finances. Merely giving them more money is not going to fix the problem. Fundamentally, the problem lies in where and how they are spending, not how much money they receive.
