Our view: Coronavirus will hurt California’s finances

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Our view: Coronavirus will hurt California’s finances

By Editorial board and Henry Dubroff / Friday, March 13th, 2020 / Comments Off on Our view: Coronavirus will hurt California’s finances

While others have been watching the rising numbers of coronavirus victims and the jittery state of the stock market, we’ve been watching something else — the deteriorating fiscal health of the Golden State. As Gov. Gavin Newsom stated in his proposed budget, California’s financial health relies heavily on the top 1 percent of income earners…

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