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Sacto's Tricks - The Latest is 10% Less in Our Paychecks
Post Scripts ^ | 10/31/09 | Tina Grazier

Posted on 10/31/2009 2:15:19 PM PDT by OneVike

Our lawmakers have a trick for you this Halloween. Starting Sunday 10% more will be withheld from paychecks to cover the states $1.7 billion shortfall in the budget. They say it isn't a tax increase, it's just an interest free loan that we will recover in April when we file our taxes. Gee thanks guys, we all feel much better now.

"California to withhold a bigger chunk of paychecks," by Shane Goldmacher and W.J. Hennigan - Los Angeles Times

The provision is one of numerous maneuvers state lawmakers and Gov. Arnold Schwarzenegger approved in the summer to paper over the state's deficit. Many of the changes, including the extra withholding, were little noticed outside of Sacramento. ** Savvy taxpayers can get around the state's maneuver by increasing the number of personal withholding allowances they claim on their employer tax forms, said Brenda Voet, a spokeswoman for the state's Franchise Tax Board. ** "People can get out of this," she said, noting that most people would have to change their allowances through their employers. California's budget leaders are banking on the hope that most won't. (emphasis mine)

But wait...isn't this the same state government that continues to hire new workers and expand government even as the state's population declines? Something is wrong with this picture...

(Excerpt) Read more at norcalblogs.com ...


TOPICS: Breaking News; Government; News/Current Events; US: California
KEYWORDS: aholemaldonado; california; democrats; hopeychangey; liberalfascism; obama; taxes
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Looks like they still don't get it in Sacramento, but then again what else is new?
1 posted on 10/31/2009 2:15:21 PM PDT by OneVike
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To: OneVike

Holy Cow! I cannot imagine losing another 10% from my check. Californians should be screaming bloody murder and showing up at the state capital with torches and pitchforks.


2 posted on 10/31/2009 2:18:30 PM PDT by gop4lyf (Obama wants to raise taxes and kill babies. Palin wants to raise babies and kill taxes.)
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To: OneVike
Our lawmakers have a trick for you this Halloween. Starting Sunday 10% more will be withheld from paychecks to cover the states $1.7 billion shortfall in the budget. They say it isn't a tax increase, it's just an interest free loan that we will recover in April when we file our taxes. Gee thanks guys, we all feel much better now.

Refile your W-4 with your employer to claim more exemptions so you have less withheld. Would the state actually refund the money in April or will the taxpayers' refund just be issued in scrip or even held for a few months/years longer.

3 posted on 10/31/2009 2:18:34 PM PDT by KarlInOhio (Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
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To: OneVike

Is this restricted to state “worker” paychecks or everybody’s?


4 posted on 10/31/2009 2:19:11 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. -- Texas Eagle)
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To: gop4lyf
Californians should be screaming bloody murder

Didn't California delay tax refunds this year because they needed the cash?

Fools.

5 posted on 10/31/2009 2:20:58 PM PDT by Glenn (Free Venezuela!)
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To: OneVike

My state needs to file for bankruptcy. Maybe the only thing that can save it is a 9.5 earthquake that destroys Sacramento, San Francisco, Santa Cruz, Santa Monica and much of Los Angeles. Then we rebuild.


6 posted on 10/31/2009 2:21:43 PM PDT by doug from upland (10+ million views of HILLARY! UNCENSORED - put some ice on it, witch)
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To: gop4lyf
It looks like the tax withholding is going up by 10% from the original state withholding, not jumping to 10% of the paycheck. The linked article states

"From a single taxpayer earning $51,000 a year with no dependents, the state will be grabbing an extra $17.59 each month, according to state tax officials. A married person earning $90,000 with two dependents would receive $24.87 less in monthly pay."

Still, change the W-4 so that you owe on April 15. You never want to expect a refund, doubly so with California now.
7 posted on 10/31/2009 2:21:44 PM PDT by KarlInOhio (Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
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To: OneVike

Wait till Obamao takes money out of everyone’s paychecks to pay for ‘free’ healthcare.


8 posted on 10/31/2009 2:22:07 PM PDT by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: gop4lyf
Californians should be screaming bloody murder and showing up at the state capital with torches and pitchforks.

I don't think very many of them get paychecks.

9 posted on 10/31/2009 2:22:47 PM PDT by Steely Tom (Without the second, the rest are just politicians' BS.)
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To: gop4lyf
"Holy Cow! I cannot imagine losing another 10% from my check.

It isn't that drastic. They are increasing the amount withheld by 10%. That means if they were withholding $100 they will now withhold $110. They are smart enough to increase the pain level to just below open armed revolt.

10 posted on 10/31/2009 2:22:49 PM PDT by Natural Law
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To: Texas Eagle
Is this restricted to state “worker” paychecks or everybody’s?

Every taxpaying citizen in the state will be paying 10% more unless they hurry up and change the number of personal withholding allowances they claim on their employer tax forms,
11 posted on 10/31/2009 2:22:57 PM PDT by OneVike (Just a Christian waiting to go home)
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To: OneVike

Those bastards.


12 posted on 10/31/2009 2:24:28 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. -- Texas Eagle)
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To: gop4lyf

It’s not 10% of your check, it’s the witholding for CA income taxes is going up by 10%. If you made 1000 per week, and they took 100, they’d take 110 instead.


13 posted on 10/31/2009 2:25:43 PM PDT by Boiling Pots (Barack Obama: The Final Turd George W. Bush laid on America)
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To: OneVike

Take 10% from welfare checks and there will be riots in the streets.


14 posted on 10/31/2009 2:26:30 PM PDT by When do we get liberated? (STATE CONTROLLED ECONOMIES SUCK ! LONG LIVE AMERICA.)
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To: Texas Eagle; All

Just in case you are wondering, yes dems voted for this but so did 6 republicans to get the 2/3 majority it needed to pass and, be signed by a republican governor.

note the no caps.


15 posted on 10/31/2009 2:26:37 PM PDT by edcoil (If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
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To: Boiling Pots

And you are fine with that?


16 posted on 10/31/2009 2:27:41 PM PDT by OneVike (Just a Christian waiting to go home)
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To: edcoil

See post #12.


17 posted on 10/31/2009 2:28:11 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. -- Texas Eagle)
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To: OneVike

Good thing the libs living in California don’t work. :)


18 posted on 10/31/2009 2:28:44 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: KarlInOhio
it's just an interest free loan

Interesting definition of the government taking money by force.

19 posted on 10/31/2009 2:30:38 PM PDT by Tijeras_Slim (Live jubtabulously!)
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To: OneVike

When I posed the question.... what is the diffrence between a democrate and a republican.... nothing! It holds true here in California. Tax revolt on a massive scale is needed to stop the spending because they can’t or won’t.


20 posted on 10/31/2009 2:30:40 PM PDT by ronnie raygun (Leaders who refuse to lead will be lead by the people)
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