More brilliance in California

[equalizer]

[quote=SD Realtor]The thing that irks me the most is that when they passed the current budget, it was total BS. I don’t recall the links now but my wife kept sending all kinds of information on how much of a clusterf– it was. There was no way in the world the budget was based on reality.

[/quote]

The budget passed was a joke. 3 months late and nothing was changed, no big cuts, no tax increase, etc. Gov “wanted” 1% sales tax increase in summer, backed down. Now he says we need 1.5% increase. Didn’t the dweeb Davis get recalled over a few hundred buck car tax? Oh wait, any tax on auto will get you fired. Instead of trans net tax of gas to pay for roads (use more, pay more), jack up sales tax 1/2%. So Governator is smart. For example, if he asked for 1 cent gas tax for new roads, he’d be fired, so he asks for 1.5% sales tax increase. Simply brilliant.

[EconProf]

Tax burden is best measured as a % of personal income, since states vary widely in average income.
According to the Tax Foundation, CAs average tax burden, including state & local taxes is 10.5%, vs. a national average of 9.9%. That % is a remarkably tight clustering, but don’t forget that income variance state to state adds to the disparity. For instance, Connecticutt income a lot higher than Mississippi’s.
Our ranking is 6th highest among the states. We are not undertaxed.

[EconProf]

Tax burden is best measured as a % of personal income, since states vary widely in average income.
According to the Tax Foundation, CAs average tax burden, including state & local taxes is 10.5%, vs. a national average of 9.9%. That % is a remarkably tight clustering, but don’t forget that income variance state to state adds to the disparity. For instance, Connecticutt income a lot higher than Mississippi’s.
Our ranking is 6th highest among the states. We are not undertaxed.

[EconProf]

Tax burden is best measured as a % of personal income, since states vary widely in average income.
According to the Tax Foundation, CAs average tax burden, including state & local taxes is 10.5%, vs. a national average of 9.9%. That % is a remarkably tight clustering, but don’t forget that income variance state to state adds to the disparity. For instance, Connecticutt income a lot higher than Mississippi’s.
Our ranking is 6th highest among the states. We are not undertaxed.

[EconProf]

Tax burden is best measured as a % of personal income, since states vary widely in average income.
According to the Tax Foundation, CAs average tax burden, including state & local taxes is 10.5%, vs. a national average of 9.9%. That % is a remarkably tight clustering, but don’t forget that income variance state to state adds to the disparity. For instance, Connecticutt income a lot higher than Mississippi’s.
Our ranking is 6th highest among the states. We are not undertaxed.

[EconProf]

Tax burden is best measured as a % of personal income, since states vary widely in average income.
According to the Tax Foundation, CAs average tax burden, including state & local taxes is 10.5%, vs. a national average of 9.9%. That % is a remarkably tight clustering, but don’t forget that income variance state to state adds to the disparity. For instance, Connecticutt income a lot higher than Mississippi’s.
Our ranking is 6th highest among the states. We are not undertaxed.

[nostradamus]

Most of the $4.7 billion in new revenue would come from increasing the sales tax for three years and broadening it to cover things like vehicle repair, veterinary services and tickets to sporting events. Schwarzenegger also proposes to increase the alcohol excise tax by 5 cents a drink.

Car repair? CAR REPAIR? That’s all of us, yo.

link

[nostradamus]

Most of the $4.7 billion in new revenue would come from increasing the sales tax for three years and broadening it to cover things like vehicle repair, veterinary services and tickets to sporting events. Schwarzenegger also proposes to increase the alcohol excise tax by 5 cents a drink.

Car repair? CAR REPAIR? That’s all of us, yo.

link

[nostradamus]

Most of the $4.7 billion in new revenue would come from increasing the sales tax for three years and broadening it to cover things like vehicle repair, veterinary services and tickets to sporting events. Schwarzenegger also proposes to increase the alcohol excise tax by 5 cents a drink.

Car repair? CAR REPAIR? That’s all of us, yo.

link

[nostradamus]

Most of the $4.7 billion in new revenue would come from increasing the sales tax for three years and broadening it to cover things like vehicle repair, veterinary services and tickets to sporting events. Schwarzenegger also proposes to increase the alcohol excise tax by 5 cents a drink.

Car repair? CAR REPAIR? That’s all of us, yo.

link

[nostradamus]

Most of the $4.7 billion in new revenue would come from increasing the sales tax for three years and broadening it to cover things like vehicle repair, veterinary services and tickets to sporting events. Schwarzenegger also proposes to increase the alcohol excise tax by 5 cents a drink.

Car repair? CAR REPAIR? That’s all of us, yo.

link

[Arraya]

Well the bright side is CA finances are on par with the finances of most states, all of Wall Street, the car companies and about 30 other countries. Bankruptcy seems to be an epidemic. The race to the bottom continues. Thanks Federal Reserve, sure you can continue handling monetary policy we love the abuse.

[Arraya]

Well the bright side is CA finances are on par with the finances of most states, all of Wall Street, the car companies and about 30 other countries. Bankruptcy seems to be an epidemic. The race to the bottom continues. Thanks Federal Reserve, sure you can continue handling monetary policy we love the abuse.

[Arraya]

Well the bright side is CA finances are on par with the finances of most states, all of Wall Street, the car companies and about 30 other countries. Bankruptcy seems to be an epidemic. The race to the bottom continues. Thanks Federal Reserve, sure you can continue handling monetary policy we love the abuse.

[Arraya]

Well the bright side is CA finances are on par with the finances of most states, all of Wall Street, the car companies and about 30 other countries. Bankruptcy seems to be an epidemic. The race to the bottom continues. Thanks Federal Reserve, sure you can continue handling monetary policy we love the abuse.

[Author]

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