Not Up to Forecast

Readers of this blog will know that tax aficionados track the April state income tax receipts since April is the big month for those receipts.  As it turned out, and despite some initial optimism in the early part of the month, income tax revenue came in a little under last year's total and about $2 billion below what the governor had forecast.

The daily tracker is at
http://www.sco.ca.gov/april_2012_personal_income_tax_tracker.html

Maybe the best things in life are free but...