Posts under ‘Taxes’

California’s safety net is going broke.  The Fund that was established to help the state make it through a great depression scale correction in the economy is poised to go broke.  How is this so?  How could we have let our safety net be put on the back burner and forgotten only to fall apart [...]

A proposal to raise the state tax on wine to a level more than six times higher..raise the tax on wine to 29.6 cents for a 750-milliliter bottle from 4 cents 
A six times higher tax on wine!  Not only are we depressed about the economy and our incompetent state leadership we will be forced to pay a [...]

Yesterday the governor gave is State of the State speed to both houses of representatives.  Unlike years before he did not focus on the plans for the next year he focused on basically telling the legislators that nothing should be done until the over $40 billion deficit in the budge is closed.   He urged representatives “to [...]

Come on, shouldn’t the leaders of California be setting an example?  
“The Legislature always needs to lead the way, as does the executive branch of government,” Steinberg told reporters.
So impose furloughs until you guys figure out how to cut 10 percent and layoff a few workers.  It’s an easy first step!
California Assembly, Senate wont impose furloughs - [...]

Yesterday, Legislative Analyst Mac Taylor suggested that we should call a special election and let the voters of california make a decision on if increasing taxes is OK.  Can California, or any organization, have an election where the majority acts in the best interest of the State even when this action might personally affect the majority in a negative way? [...]

After the governor vetoed the Democrats illegal budget plan he proposed a four legged solution.  The governor said that “the best way to solve our problems is with a balanced approach that is designed like a four-legged stool”.  The governor held a press conference telling the state about his stool, text and video can be viewed on his website.
The four legs are:

reduce spending [...]

Gov. Arnold Schwarzenegger’s staff said this afternoon that the governor has vetoed the Democrats’ deficit reduction plan, which included a questionable $9.3 billion in tax increases approved without Republican support.
Governor vetoes Dems tax plan
Democrats plan vetoed - Sacramento Politics - California Politics | Sacramento Bee.
Now they need two-thirds vote to overturn his veto, you think they [...]

The Howard Jarvis Taxpayers Association and many other plaintiffs including legislators and KFI hosts John and Ken filed a Writ of Mandate against LEGISLATURE OF THE STATE OF CALIFORNIA and Governor ARNOLD SCHWARZENEGGER.  This is response to the illegal revenue increasing bill passed by the State Assembly and Senate in late December.  The suit claims that the “fee” increases are illegal due to Proposition [...]

County executives said the largest job cuts since the 1994 bankruptcy were forced by reductions in state funding and are central to protecting the county’s ability to provide key local services, such as law enforcement.
Are our politicians starting to figure out the services that we really need or are they just targeting the group that is easiest to lay [...]

Creating jobs at the expense of the economy in the state?  I don’t think so!
if the article  is true then Schwarzenegger will be going against everything he told us in 2006.  He has flip-flopped so many times on fiscal issues it is not even funny.  I bet soon he will raise the vehicle license fee, the [...]