[SmithL]

John Laird, chairman of the Assembly budget committee, said the increased revenue is just about enough to cover all of those expenses that were not included in the governor's January spending proposal, plus a few other things that Democrats want.

[SmithL]

Just like every other time California politicians get a few extra dollars, they'll use the money as a down-payment on big-ticket items.

[rhombus]

Damn those tax cuts for the rich. ;-)

[rhombus]

The pace of revenues is amazing even the experts who make a living predicting how much the state will earn.

Earn?

[11Bush]

setting the stage for a debate among lawmakers over what to do with the bounty

How about give it back to the people it belongs to?

[RetiredArmy]

$4 BILLION IN BANK ACCOUNTS!!! FOUR BILLION OF OUR DOLLARS MAKING DOLLARS FOR LIBERAL RINOCRATS AND SOCIALIST DEMOCRATS TO SPEND!!! SPEND!!! SPEND!!! THAT MONEY SHOULD BE RETURED TO THE RIGHTFUL OWNERS FROM WHICH IT WAS CONFISCATED!!! THE DAMNED GOVERNMENT IS NOT A BUSINESS, NOT IN THE BUSINESS OF MAKING MONEY. THEY ARE SUPPOSE TO ONLY GET WHAT IS NECESARY TO RUN THE STINKING GOVERNMENT FOR THE YEAR, NOT STOCK PILE MONEY TO BUY MORE VOTES ON. I think it is time for another American Revolution and take back the Republic from the stinking politicians.

[UlmoLordOfWaters]

I read this article with great interest. For the first time, I owed more in CA state taxes than federal. Usually, when I've owed state taxes, it's a very small amount compared to the feds. This year, CA state taxes were 3x the fed amount.

Has anyone else in CA had this experience? I wondered if they changed the tax code, but the article makes me wonder. If the code was changed to get more taxes, there wouldn't be surprise at the FTB.

[Jo Nuvark]

So to those who want to bash our Governator... Shut up!

Apparently he IS doing a good job in spite of the Socialists
in Sacramento and the 9th Circuit Court of Appeals.

[kentj]

Oh they have to be kidding - sales tax and 7.5% on FUEL that might explain where the boost is coming from - do you really think they can't tell where the increase is coming from???

But boy would the s--t hit the fan if they made it public - infact you can expect to see the same kind of windfall for every state that has a sales tax on fuel.

Duh

[NormsRevenge]

I know.

Let's spend it!

---

The Gub and crew will make a token payment to paydown debt (if they have a clue) and blow the rest on a PR campaign to curry the teachers unions and parents favor in the upcoming election; i.e., by paying them their "owed" money..

[Mrs. Darla Ruth Schwerin]

Well, so is Arizona's. But do you think Sassy Nappy would refund anything or put it in an emergency fund? No, the money-monger will probably pour the money into some useless welfare merry-go-round...