OT: Initial negotiations on how to close the CA budget gap

User Forum Topic
Submitted by SD Transplant on February 11, 2009 - 2:01pm

I can't tell you how happy I will be soon to redistribute my little discretionary income in CALI:

"Under consideration are proposals to raise the state’s sales tax rate to 8.25 percent from 7.25 percent; increase the vehicle license fee to 1.15 percent from 0.65 percent of the value of the automobile; a 12-cent per-gallon excise tax on gasoline and a 0.25 percent surcharge on income taxes, according to a lawmaker briefed by party leaders who asked not to be identified because the presentation was confidential. "

http://www.bloomberg.com/apps/news?pid=2...

‹ Be safe out there. It's getting pretty scary... OT: suspect in a nationwide mortgage fraud scheme who fled the country was caught at the Canadian border with $1 million ›
Good, people will move their
Submitted by NeetaT on February 11, 2009 - 4:15pm.

Good, people will move their businesses to other states and there will be a mass exodus. I will be able to play golf on empty courses and drive on empty highways. Bring it on!!!!!

"0.25 percent surcharge on
Submitted by DWCAP on February 11, 2009 - 4:52pm.

"0.25 percent surcharge on income taxes"

WTF is a surcharge on income taxes?

DWCAP wrote:"0.25 percent
Submitted by sdduuuude on February 11, 2009 - 5:55pm.

DWCAP wrote:
"0.25 percent surcharge on income taxes"

WTF is a surcharge on income taxes?

Yeah. Really. WTF?

Essentially, it's a tax on
Submitted by pabloesqobar on February 11, 2009 - 6:17pm.

Essentially, it's a tax on the amount of taxes you pay. Neat, huh?

Schwarzenegger should be
Submitted by paramount on February 11, 2009 - 10:24pm.

Schwarzenegger should be recalled immediately - he's worse than Davis.

The gov't thinks everyone should sacrifice except for them.

Shrink the gov't by 30%, cut pensions, cut these golden parachutes now.

It won't happen though - we are at the mercy of state employee union bosses.

So one the one hand, the
Submitted by LarryTheRenter on February 12, 2009 - 9:06am.

So one the one hand, the gov't is trying to stimulate the economy thru spending, but at the same time CA is going to further depress new car sales thru the vehicle registration increase as well as all the other taxes...makes no sense.....

paramount
Submitted by Casca on February 12, 2009 - 11:47am.

paramount wrote:
Schwarzenegger should be recalled immediately - he's worse than Davis.

The gov't thinks everyone should sacrifice except for them.

Shrink the gov't by 30%, cut pensions, cut these golden parachutes now.

It won't happen though - we are at the mercy of state employee union bosses.

So far, Ahnold has said, that he won't sign anything that doesn't cut the number of state employees. We shall see.

paramount
Submitted by DWCAP on February 12, 2009 - 12:45pm.

paramount wrote:
Schwarzenegger should be recalled immediately - he's worse than Davis.

The gov't thinks everyone should sacrifice except for them.

Shrink the gov't by 30%, cut pensions, cut these golden parachutes now.

It won't happen though - we are at the mercy of state employee union bosses.

Your kidding right? Arnold is the only one trying to do the right thing. The guy has been trying to do it since he got there. Too bad no one listened to him back in 2003 when something could have been done about this mess. He tried to go it alone and got bitchslapped in that special election by the unions and the idiots who call themselves "voters" but dont know anything about the issues.
He has already laid off the state temp workers. He managed to make every state employee he could take a 9% pay cut. He does his best to work with both sides, you can tell this because neither side likes him. The man is doing everything he can, considering he has to work with that corrupt sespool called the state senate/assembly.

Id vote for him again in a heart beat.

We're $40 billion in the
Submitted by cr on February 12, 2009 - 1:41pm.

We're $40 billion in the whole as a state but hey, we've got that $4 Billion state of the art stem cell reaserch lab in La Jolla, which btw is essentially useless with the recent advance in iPS cells.

You can't blame Arnold; blame the voters and politicians who put crap like this on the ballot.