Logic 101: California needs money. Amnesties bring in money. Therefore we will see a tax amnesty in California. True or false? And will it work?

Logic 101: California needs money. Amnesties bring in money. Therefore we will see a tax amnesty in California. True or false? And will it work?
An exchange intermediary gambled away $9M of his customers’ money in the options markets. Moral of the story: pick big, stable, reputable intermediaries when you do a trade.