As it stands, Brown will have Ahnold to blame like MaObama has Bush. But the result will be a state that completely fails and becomes THE text book example of why Government should be rebuilt under Conservative Principles from the ground up.
Then they can use their red deficit dollars to pay for their clean green energy to heat and cool their homes and fuel their cars.
It amazes me that anybody can think CA failing wouldn’t take down the whole country with it.
Greece represents only 2% of the EU GDP, and look what a panic ensued at the thought of it going insolvent.
CA is 17% of America’s GDP. It grows more food than any other state in the country. Failing is not an option.
It is also completely unnecessary. Just these few simple things would balance the budget and make all the voters TAXPAYERS again ... with a stake in LOWERING SPENDING because it is the only way to get lower taxes.
If the sales tax rate was lowered from 10% to 5% but included everything like services and groceries, and the income tax was lowered from marginal rates as high as 10% down to a flat 5% for everyone with no deductions — and only applied to individuals and NOT corporations — we would have MORE tax revenue while attracting businesses and high-earners back to the state.
A Republican should run on policies that will bring the wealthy and businesses (also known as ‘employers’) back to the state, not catering to the masses that have gotten used to free government goodies while paying no taxes. Wouldn’t you rather have wealthy neighbors than poor neighbors ?
Broadening the 5% sales tax to include rents and groceries would hit illegal aliens hard compared to the existing system where virtually nothing they spend money on is taxable and they paid no income tax working illegally.
Set up a right-to-work database keyed off your thumbprint and require it at the DMV thereby eliminating use of false employment ID and fake drivers licenses, and the illegals would leave in droves.