Brown’s new budget attacks producers

May 14, 2012 By John Seiler Gov. Jerry Brown's May Revise to his 2012-13 budget proposal, released today, only will club more producers into leaving the state. It calls for $8.5 billion in tax increases from the initiative he is placing before voters on the November ballot. Most of the tax increase will come from increasing the top income tax rate by 3 percentage points. It would go from the current 10.3 percen...