Posted by
rycK on Thursday, September 25, 2008 5:02:00 PM
The Leftists Have No
‘Solution’ to California
’s Budget Problems: Raise Taxes!!
Grab Power! Novel!
California, the
Golden State and
land of opportunity, predicted to crash in a blizzard of debt , is
besotted with sleazy slimy liars who are thought to be politicos along a wide
assortment of mental rejects with half-way house visions and the following is
given as proof:
“The completion of a
budget that is 80 days late, tinged with painful program cuts and precariously
"balanced" with questionable schemes represents more than a failure
of 120 legislators and a governor to reach agreement in the best interest of
the state. It is the product of a system that is almost wired for dysfunction”-- Reform
California's
budget process
Monday,
September 22, 2008
We all know that.
How about a solution?
Here it is:
“SAN FRANCISCO—Whew, it's finally over. After a
record 85-day impasse, California Gov. Arnold Schwarzenegger signed the state's
budget yesterday, ending a bitter partisan deadlock over how to close the state's
$15.2 billion deficit—but raising the specter of another battle when next
year's budget negotiations begin.” [This link references all quotes
in this essay unless other wise indicated.][Emphasis is mine in all quotes]
“So, was it all
worth it? The version of the state's budget Schwarzenegger signed yesterday
includes $7.1 billion in spending cuts. The rest of the budget gap will be
closed with a variety of accounting changes—some experts call them
"gimmicks"—that will generate new revenue by collecting some taxes
earlier in the year than normal, removing a few corporate tax deductions, and
hiking the penalties charged to companies that underpay their taxes.”
No.
And what, we might wonder, happens next round? More accounting
tricks? Did the loonies in California
consider selling derivatives in the Spirit of Wall Street investment banks that
link to the future budget or maybe growing opium for Iraq for
fun and profit? That would save on shipping costs and lower the carbon
footprint.
Anybody with any
brains or wealth has moved out of that containment facility for losers.
Better prepare to get the hell out! Before you go think
about using some ‘accounting changes’ to figger yer CA Tax. They should be about %15 lower than last
year. Try a %20 cut in 2009.
rycK [a 5th generation Californian in exile and out of reach
until they get a federal bailout]
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