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To: Amerigomag
Schwarzenegger has been increasing taxes at the fastest clip in 5 years.

Tax receipts are up on a strengthening economy. That's not the same as "increasing taxes..."

12 posted on 06/25/2006 3:41:40 PM PDT by newzjunkey (Support Arnold-McClintock or embrace higher taxes with Angelides.)
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To: newzjunkey
While there has been no significant change in personal or corporate income tax rates since the Austrian took office individual tax burdens are rising at the fastest rate in the past 5 years for two principal reasons.

Schwarzenegger has been steadily raising non income tax rates (fees, assessments, etc.), causing local tax rates to raise as he siphons off local property tax revenues and has committed greater and greater portions of the state's revenues to debt service which has caused a shortage of money.

Taxes based on unit costs of commodities, are rising rapidly as the unit cost of these commodities is rising. Motor fuel, energy and housing are examples. Rather than reduce the tax rates on these commodities, the Austrian has actively worked to protect those markets. As the increases in the unit prices of these commodities rose, he reaped the tax rewards. A conservative would have adjusted the tax rates downward.

No my friend, your suggestion is charitably a diversion and has the distinct order of contrived bull s....

19 posted on 06/25/2006 8:16:41 PM PDT by Amerigomag
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