Sunday, April 26, 2009

California Politicians, to Citizens: It's Too Difficult to Tax You.


The state budget has jumped from $104 billion to $145 billion in less than six years, opening up an 11-figure (and technically illegal) budget gap. Spending growth has increased 6.8 percent a year under the current administration, compared to annual inflation-plus-population growth of just under 5 percent. Public sector unions dominate the political culture, fattening unstable pension programs and keeping public sector employment high. Sales taxes, income taxes, sin taxes, and various license fees have all recently been increased, and municpalities have been hiking their taxes and fees as well. And there are (insane) proposals on the table of a Democrat-led state legislature to do stuff like force resident businesses with websites–and their customers!–to pay sales tax on all e-commerce.So what's Calfornia gonna do?


Maybe launch a Constitutional Convention...to make it easier to raise taxes.


More here.

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