08-17-2009, 03:50 PM
I can tell you why California is having budget problems, and the immigration issue is a drop in the bucket. A majority of the budget is derived from income taxes and sales taxes. With record unemployment, both income taxes and retail sales taxes are way way way down.
![[Image: state-revenue.png]](http://www.doctorhousingbubble.com/wp-content/uploads/2009/04/state-revenue.png)
This graphic is from the excellent blog Dr. Housing Bubble.
![[Image: state-revenue.png]](http://www.doctorhousingbubble.com/wp-content/uploads/2009/04/state-revenue.png)
This graphic is from the excellent blog Dr. Housing Bubble.