Correction: We will not go down. The income tax had it's best shot last Wednesday, the 22nd. If they couldn't pass it then, it's not going to pass. Nevertheless, we can't be any less vigilant, but personally, I'm pretty confident we've beat this for good.
The legislature is now looking at pulling out some of the $2 billion it has in reserve funds in order to balance the budget by June 30th.
They fought for the tax and they lost. Now it's time to balance the budget and clean House.
Very clever.