Brown’s fiscal reform will next need to fry bigger fish — revenue sources. There are 3 major state income streams: personal income, corporate income and sales taxes. The current financial woes of California’s municipalities vividly illustrates this peaks-and-valleys imbalance:
http://www.sacbee.com/2014/04/24/6352487/dan-walters-california-cities.html#mi_rss=Dan%20Walters