Makes One Long for Gray Davis
By Chip Hanlon | August 06, 2008 | 12:37 PM | 3 Comments
I'm on vacation but I thought I'd chime in with a quick one. For the rest of you around the country who worry about how high your taxes might go next year depending on what happens this November, you've got nothing on those of us in California!
First, though, a number: 40%.
That's how much state spending has increased since we recalled the inept Gray Davis in 2003. Sickening.
So, after holding out on raising taxes longer than I actually would have expected, in the latest budget process Arnold finally caved a few days ago and proposed raising the sales tax (it is here where I proudly state that I voted for Tom McClintock in that recall). He calls it "temporary" tax, of course.
If Obama's elected, raises income taxes to 39% and blows the caps off FICA taxes, on income alone we top rate-payers in California will be effectively above 50%. Add the likely election of a Democrat governor in 2010 to go along with our circus-clown legislature and we'd almost certainly be near 60%. What a rip-roaring economy we'd have to look forward to, but I digress.
What got me going here was a great post over at Red County by GOP Assemblyman, Chuck Devore, on the Governator and his sales tax proposal. Well, we still have the weather...













