Californians’ $8 trillion in tax surpluses: What to ask your state and local representatives
Trillions in tax surpluses are revealed in government Comprehensive Annual Financial Reports (CAFRs). This applies to every state; California’s various government CAFRs reveal $8 trillion in a sampled study, and the state CAFR alone shows $600 billion (explore here to see how to document other states).
I edited this to a 250 word editorial for my local papers, that you are also welcome to use. This 10-minute radio excerpt of CAFR pioneer Walter Burien’s explanation might help to understand the extent of malfeasance for failure to clearly disclose these funds to the 99% (households earning less than $400,000/year).
The following request for answers and action from government representatives can