Posted on 08/17/2011 5:15:28 PM PDT by Kaslin
California: Taking a break from leading his city down the path of economic decline, the mayor of Los Angeles lectures the state on how to squeeze more tax revenue out of business.
Given his track record, Antonio Villaraigosa hardly seems the one to give advice on how to get California moving again. His city, where he's been chief executive for six years, has been a drag on the state. Its jobless rate (13.9% in 2010) puts it at No. 44 worst among the nation's 50 largest cities.
But to this mayor, leading a once-booming city deeper into decline must be some sort of credential. So there he was at the state capital on Tuesday, delivering a heavily promoted speech to the Sacramento Press Club on schools, the state budget and, most pointedly, taxes.
He made no bones about it: California's problem is that its businesses are undertaxed, and that real liberals need to go after corporate wealth more aggressively.
"Progressives have to start thinking — and acting — big again," he said. He proceeded to attack a favorite progressive target, the California property tax system created in 1978 by the voters through Proposition 13.
As many have before him, he called for a split-roll system in which only homeowners would continue to enjoy full Prop. 13 protection. As he put it, "Prop. 13 was never intended to be a corporate tax giveaway, but that is what it has become."
(Excerpt) Read more at investors.com ...
That is so 20th century.
Amen. This article points out that Libs just don’t care about the economy or encouraging investment. They will take what they think they can get. To paraphrase the old CCR song: when the taxpayer asks, how much should he pay, the Libs’ only answer is “More More More.”
Boy he doesn’t want ANY businesses staying in Kalifornia, does he? Maybe they can build a giant wall around the state...cement....barb wire...armed guards....I’m sure there are still plans left over from the Soviets.
When left wing pols run out of other peoples money, they can’t pay off their voters.
It probably doesn’t matter anymore. Anyone who could leave Cali prolly has. Sad to see LA decline into Detroit.
When left wing pols run out of other peoples money, they can’t pay off their voters.
It probably doesn’t matter anymore. Anyone who could leave Cali prolly has. Sad to see LA decline into Detroit.
Can you blame the businesses leaving California? I can’t
There was also a Billy Idol song where someone hollered "More more more!" With a rebel yell, no less.
There's also a Classics IV song that contains a number of sequential "mores."
Barry White, of course, famously explained that "it's not enough, babe."
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.