The California Commission for the 21st Century Economy was created by the Governor and Legislature in October of 2008. Its main purpose, at least that which was represented to the public, was to deal with the real issue of California's revenue volatility. By now, almost everyone knows that California is overly reliant on the income tax to run the state and, because of its steep progressivity, we are even more reliant on a handful of the "evil rich" to pay the lion's share of that tax.  Read more >>