Posted on 12/30/2010 2:03:49 PM PST by La Enchiladita
SACRAMENTO -- Gov.-elect Jerry Brown is getting ready to tell Californians the news they don't want to hear: Taxes need to be raised, services cut and belts tightened.
His budget plan includes deep cuts to state services, including university systems and welfare programs, with a request that voters extend temporary tax hikes on vehicles, income and sales that are set to expire next year.
The blueprint Brown will unveil when he takes office early next month also is expected to take aim at several tax breaks and subsidies that have been fiercely guarded by the business lobby in Sacramento, according to people involved in budget discussions with the incoming administration.
Among the breaks are multi-billion-dollar incentives for redevelopment projects and hundreds of millions of dollars of "enterprise zone" credits meant to encourage investment in blighted neighborhoods.
Also targeted is a recent change to state business tax formulas that has saved corporate California roughly $1 billion.
(Excerpt) Read more at ktla.com ...
No cuts to the unions, though.
They elected him, and they expect a payoff.
You’ll notice that cutting spending is nowhere on the list.
Ever notice this bunch..NEVER STOPS SPENDING MONEY?
Hey moonbeam, you got at least two of those right.
Good luck on the taxes.
Hopefully, you’ll be able to escape the state before the riots get to you and off your sorry little head.
The Once Great State of California:
The Poster Child for liberalism . .. the other 49, you’ve been forewarned
The "Secret Plan" comes out, LOL!
OTOH, if he were to turn CA into a Mecca for business and taxpayers by gutting the government and cutting tax rates, they might turn around...but who am I fooling?
Jerry Brown is he the same one who wants to give illegals financial aid and in-state tuition breaks ?
Everything about this guy is wrong. Always has been, always will be.
The road to decline for this state was paved by Jerry Brown the first go-around. Now he’s back to finish the job.
They do not have a military to cut. Wonder how Obama will get the state bailout through the new House? And he will.
No cuts to illegals. Taxes will drive more people and companies out of CA. Brown will be left with his Union buddies, illegals, and the welfare state.
Behold a Liberal airhead surrounded by more Liberal airheads.
How many $250,000 - $400,000 Board of Regents jobs does California need ? Californians are going to find out...
cue the Ha Ha kid
That is one hella gravy train. We used to talk about that when I worked at UCLA. Disgusting liberal elitist parasites, they are.
Only one of those will get done.
Pray for the Tea party Congress
Other states have raised taxes “on the rich” and have gotten less revenue.
It’s a race between my state (Illinois) and California to see which one goes under first. Both are run by liberal Demos.
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