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Re:VMware Cuts Pay for Remote Workers Fleeing Silicon Valley by dragonwriter on Saturday September 12, 2020 @01:52AM (#24450182)
> California revenues are about $425 billion.

California State General Fund + Special Funds revenue for FY 2030-2021 were estimated in the most recent budget revise at $182.278 billion. Not sure where you got $425 billion from.

> Medi-Cal covers 1 in 3 residents. $100 Billion per year program (or about 23% of the revenues

This is misleading, because only $38 billion of the $113 billion annual Medi-Cal costs comes from State revenue; $47 billion from state + local revenue and $66 billion comes from federal funds.

> $25 Billion a year for government employees' pensions and retiree health (note that this is not current govt employees! BTW, that's gonna continue growing without bounds).

Current pension + retiree health be benefits are paid out of contributions from when employers were working and investment returne thereon by the retirement system, not current revenue (current contributions come from current revenue, in part, but are part of program cost.) The only part that's really separate for retirement is state payments to pay down existing unfunded liabilities.)

> the roads are worse than third-world those in third-world countries here).

No, they aren't. They aren't even worse than Mexico.

> BTW, folks like Zuckerberg (the 1%) contribute roughly 50% of the revenues!

The top 1% household income threshold is ~$475k, Zuckerberg’s income is around 30,000× that.

The people who are around the top 1% are, by income ratio, far closer to beggars on the street than they are to Zuckerberg.

Re:VMware Cuts Pay for Remote Workers Fleeing Silicon Valley by rmk on Saturday September 12, 2020 @02:18AM (#24450276)
These figures are a few years old. You can't seriously consider 2020-2021 figures, considering how all economic activity has essentially been shut down for a solid 3-6 months. Revenue has plummeted.

Revenue numbers I quoted included the federal contributions, not CA alone. You can split hairs all you want about general fund vs. other subdivisions, but the fact remains that CA is an insane boom-and-bust state (it has been that way for the majority of its history) as far as its fiscal picture goes.

Re:VMware Cuts Pay for Remote Workers Fleeing Silicon Valley by dragonwriter on Saturday September 12, 2020 @03:31AM (#24450635)
> You can't seriously consider 2020-2021 figures, considering how all economic activity has essentially been shut down for a solid 3-6 months.

FY 2018-2019, completely pre-shutdown (July 2018-June 2019) was $214 billion in revenue.