California Special Election

[Anonymous]

[quote=meadandale][quote=pri_dk]Prop. 13 has done a tremendous amount of damage to the state’s fiscal situation and
[/quote]
This is a bunch of crap. The assessed value of real estate in CA doubled between 2000 and 2007, yet the state still managed to outspend the doubling in property tax revenue.

Our state does not have a tax problem, it has a spending problem.
[/quote]

Like I said, even hint at re-evaluating the logic behind Prop 13, and they pounce. And they are always so angry…

Got a source for that statistic?

Here’s lots of data on the State budget:

http://www.lao.ca.gov/laoapp/laomenus/lao_menu_economics.aspx

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

Property taxes go to the counties anyway…

But I’m willing to concede the benefit of the doubt: The state has a spending problem. So what do we cut?

Typically, when I ask this I just get answers like “cut off the welfare mothers”, “deadbeats”, and “Sacramento fat cats.” Not really useful.

http://www.ebudget.ca.gov/pdf/BudgetSummary/SummaryCharts.pdf

Seems like the only way to make substantial cuts is to go after the big ticket items: schools (already in trouble) or grandma’s MediCal. Oh well, at least her property takes won’t go up.

[meadandale]

[quote=pri_dk]
Got a source for that statistic?

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

[/quote]

http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf

1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?

CA state spending is OUT OF CONTROL.

You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?

[meadandale]

[quote=pri_dk]
Got a source for that statistic?

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

[/quote]

http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf

1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?

CA state spending is OUT OF CONTROL.

You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?

[meadandale]

[quote=pri_dk]
Got a source for that statistic?

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

[/quote]

http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf

1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?

CA state spending is OUT OF CONTROL.

You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?

[meadandale]

[quote=pri_dk]
Got a source for that statistic?

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

[/quote]

http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf

1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?

CA state spending is OUT OF CONTROL.

You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?

[meadandale]

[quote=pri_dk]
Got a source for that statistic?

Total state budget for 2000/01:
$88 billion

Total for 2007/08:
$102 billion

Not exactly “double”.

[/quote]

http://www.dof.ca.gov/budgeting/budget_faqs/information/documents/CHART-B.pdf

1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?

CA state spending is OUT OF CONTROL.

You want to know where to cut spending? Eliminate the generous pensions and paid healthcare. Do you know anyone in the private sector that gets to retire with a full pension and health benefits after 25 years on the job? Do you know anyone in the private sector that gets GUARANTEED investment returns on their retirement investments?

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[4plexowner]

unfortunately we have dug ourselves a very deep hole with Keynesian economics and fiat currency

what we have created is an unsustainable system and we may have reached the system’s limits

in the good old days, grandma wasn’t on 6 prescription medications costing several hundred dollars per month – now that we’ve created a system where grandma IS on those meds, what do we do when we can no longer afford them? “Sorry, grandma – you’re toast” doesn’t go over very well in the media

and not only do we have grandma on 6 meds we have created an entitlement society where there is a general expectation that grandma’s meds will be paid for one way or another

and not only do we have an entitlement mentality, our citizens are so economically illiterate that they believe just printing more money will solve every problem

damn this is depressing …

[poorgradstudent]

[quote=meadandale]
1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?[/quote]
Based on the CPI, $85b in 2000 dollars is $106b in 2008 dollars.

Of course, increases in revenue would also need to be inflation adjusted.

[poorgradstudent]

[quote=meadandale]
1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?[/quote]
Based on the CPI, $85b in 2000 dollars is $106b in 2008 dollars.

Of course, increases in revenue would also need to be inflation adjusted.

[poorgradstudent]

[quote=meadandale]
1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?[/quote]
Based on the CPI, $85b in 2000 dollars is $106b in 2008 dollars.

Of course, increases in revenue would also need to be inflation adjusted.

[poorgradstudent]

[quote=meadandale]
1999-2000: $85 billion
2007-2008: $138 billion

That’s an increase of 62%. Not quite double but not nearly as low as your numbers indicate. Over that period, property tax revenue doubled and to hear the counties talk, the state takes the majority of the property tax revenue for themselves.

Did the population of CA increase by 62% in 7 years? 30%?[/quote]
Based on the CPI, $85b in 2000 dollars is $106b in 2008 dollars.

Of course, increases in revenue would also need to be inflation adjusted.

[Author]

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