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August 23, 2008
Bravo and Stand Firm Minority Leader Villines!
Posted by Tina
“Hasta La Vista, Arnold” - WSJ Political Diary
Some things never change in the Golden State. Seven weeks into the fiscal year, California still has no budget and faces a Pacific Ocean-sized $15 billion deficit. On Wednesday, Governor Arnold Schwarzenegger offered a "compromise" plan that kicks the legs out from his own party with a big new sales tax increase. "It's time to put ideology aside," he insisted. *** Now he faces a revolt from Republicans in the legislature who think this is precisely the time to be ideological. "Any tax increase plan won't pass with Republican votes -- absolutely not," a defiant Mike Villines, minority leader of the state assembly, told me shortly after the governor's scheme was announced. Mr. Schwarzenegger wants to raise the sales tax by one percentage point, which in jurisdictions like Los Angeles would raise the total sales levy to 10% -- one of the highest in the nation. "It will hurt the state and hurt people on fixed incomes," Mr. Villines protests. *** He and his colleagues offer their own solution. First, no new taxes in a state that already has nearly the highest income and sales tax burden in the country. Second, a "hard" budget cap that limits spending increases to the rate of inflation plus population growth.
Posted by Post Scripts at August 23, 2008 10:39 PM
Comments
This is an excellent idea! Let them raise sales taxes as high as they want and this new tax the wealthy plan...go for it, you make them pay dearly! Legalize drugs too and while you at it, open the borders, do away with the death penalty, raise welfare payments and force everybody to get government healthcare.
I think that should do it! Oh wait, we also should not oppose the adoption of Spanish as a co-equal language to English, let them have itheir way... ok, that should really do it.
The carnage to follow will serve as an eternal testiment to who was right, conservatives or liberals. When we pick up the pieces we will do so with a clarity and a vision of the future that has been unknown in past generations.
Whatever is built from that wisdom will endure just like all things that came at a high price.
As the old saying goes, "No pain, no gain."
Posted by: Jack | August 24, 2008 12:10 PM