They are going to have to go out and rob some more trains so they can afford the tax increases

Most gross-receipts taxes, however, are below 1 percent. California’s proposed rate of 2.3 percent is basically a giant flashing neon sign that says, “Don’t open a business here!” Walczak notes that the gross-receipts tax “would be imposed in addition to tangible property taxes and an 8.84 percent corporate income tax, and an aggressive one at that, the only state-level corporate income tax in the country with a worldwide tax base.”

If this proposal is adopted, California would essentially have 18 tax brackets, and individuals making less than $50,000 per year would wind up paying double-digit marginal tax rates.

Why does California need all this money? To fund CalCare, its proposed single-payer health-care system. If you want European-level government benefits, you have to pay European-level taxes.