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CA: Schwarzenegger announces commission to overhaul tax structure
Sac Bee ^
| 10/30/08
| Kevin Yamamura
Posted on 10/30/2008 3:47:24 PM PDT by NormsRevenge
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Commission on the 21st Century Economy
The Black Hole Gang
2
posted on
10/30/2008 3:48:48 PM PDT
by
NormsRevenge
(Semper Fi ... "You know, when you can't ask a question of your leaders anymore, that gets scary,")
To: NormsRevenge
3
posted on
10/30/2008 3:49:28 PM PDT
by
Fred
(The Democrat Party is the Nadir of Nihilism and OBAMA IS A MARXIST)
To: Fred
It’s a tragedy what the Left has done to a once nice Republican state in just 25 years.
To: NormsRevenge; SierraWasp; Amerigomag; tubebender; Carry_Okie; ElkGroveDan; Czar; DoughtyOne
5
posted on
10/30/2008 3:57:20 PM PDT
by
calcowgirl
("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
To: NormsRevenge
He said changes are necessary to even out the state's revenues over time Psst Arnold. I have the answer, but just between us...cut spending! Now go do it and you can take credit for the idea.
6
posted on
10/30/2008 3:59:05 PM PDT
by
ElkGroveDan
(Reagan is back, and this time he's a woman.)
To: Fred
Does anyone see the “irony” here? California is in trouble partly because they have, as Schwarzenegger says...”relied on the top 1% of earners to pay a significant share of revenues.”
He is essentially saying they can't tax the “rich” anymore. In fact, the so called “rich” are paying their fair share and more. It's the same with the Federal Income Tax - The top 1% pays 39% of our Federal Taxes. The top 25%, pay 86% of Federal Taxes. Conversely, the remaining 75% of American wage earners are paying...14% of all Federal Income Taxes.
At least Schwarzenegger sees this...OB and the Dems are still hung up on the rich paying their fair share.
Incredible...
7
posted on
10/30/2008 4:01:55 PM PDT
by
Herodes
To: NormsRevenge
So are they looking for an actual overhaul, or are they just looking for more things to tax? The article seemed to suggest the latter.
8
posted on
10/30/2008 4:02:21 PM PDT
by
Future Snake Eater
("Get out of the boat and walk on the water with us!”--Sen. Joe Biden)
“We are paying for the price right now of this outdated revenue system,” Schwarzenegger said.
—
It was chugging along pretty good there for awhile until the boom bust.. but the legislature went even more nuts and the Gub obliged and joined with ‘em and spent and borrowed like crazy.
9
posted on
10/30/2008 4:03:52 PM PDT
by
NormsRevenge
(Semper Fi ... "You know, when you can't ask a question of your leaders anymore, that gets scary,")
To: NormsRevenge
DO ya think if CA cut spending on all support of the illegal aliens (last check was $15 billion / year) that it just might fix the state's short fall?
To: calcowgirl
I’m sure this is merely intended to facilitate tax reductions for Californians...
11
posted on
10/30/2008 4:05:46 PM PDT
by
Czar
((Still Fed Up to the Teeth with Washington))
To: Herodes
12
posted on
10/30/2008 4:07:14 PM PDT
by
Fred
(The Democrat Party is the Nadir of Nihilism and OBAMA IS A MARXIST)
To: NormsRevenge
Do as the Alaskans do, follow Governor Palin’s lead. Drill offshore.
13
posted on
10/30/2008 4:08:36 PM PDT
by
Fred
(The Democrat Party is the Nadir of Nihilism and OBAMA IS A MARXIST)
To: NormsRevenge
Do as the Alaskans do, follow Governor Palin’s lead. Drill offshore.
14
posted on
10/30/2008 4:09:01 PM PDT
by
Fred
(The Democrat Party is the Nadir of Nihilism and OBAMA IS A MARXIST)
To: NormsRevenge
Tax the entertainment business. Movie theaters, venues that do live music (a ticket tax, if you will), comedy club, etc. There could also be a sales tax targeted at material that is primarily used for entertainment. Microphones, musical instruments, movie film. Seems there's plenty of wealth to spread around. Oh, sports entertainment too - tax that.
All tongue in cheek obviously. Bread and circuses will be the last things taxed.
15
posted on
10/30/2008 4:09:49 PM PDT
by
Cboldt
To: NormsRevenge
Ha, ha, spread the wealth Arnie.
16
posted on
10/30/2008 4:14:40 PM PDT
by
pray4liberty
(Watch, pray, and work. This election will separate the sheep from the goats.)
To: NormsRevenge
Idiots!
Here’s the plan:
1) Cut taxes, across the board, especially on businesses.
2) Cut spending, across-the-board!
3) Put a dent in regulations, that have to be god-awful in California.
4) Finish the fence along So. Ca. border (it seems to be a sieve). On the southern part of that S.D. to L.A. Interstate, you see caution signs to watch for the illegals crossing the road. How are they getting in?
Tax revenues soar! Spending reigned in! Balanced budget, improved economy. Problem solved. Businesses feel welcome!
To: blue state conservative
Amen brother. I don’t even recognize this state anymore. It’s very sad.
To: NormsRevenge
Schwarzenegger announces commission to overhaul tax structure.
He should announces a commission to overhaul and reduce state spending
19
posted on
10/30/2008 4:28:11 PM PDT
by
chainsaw
( No racist radical Muslims in the WH)
To: NormsRevenge
“We are paying for the price right now of this outdated revenue system,” Schwarzenegger said. We are paying the price right now of OBSCENE spending and borrowing by government bureaucrats!
20
posted on
10/30/2008 4:42:41 PM PDT
by
calcowgirl
("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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