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Los Angeles Mayor Targets California Tax Law in ‘Grand Bargain’
Businessweek ^ | August 17, 2011 | James Nash and Christopher Palmeri

Posted on 08/17/2011 9:16:11 PM PDT by americanophile

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To: Spktyr

Sell California to Mexico. The Mexican Oligarchs will at the very least drill for oil and take no crap from anyone who tries to stop them...


41 posted on 08/18/2011 1:29:15 AM PDT by Fred ('Just cus I said it, don't mean I meant it'..An Obamaism)
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To: Loyal Sedition
I’m sure that once the squeeze gets tight enough the remaining business will find ways to fight back, perhaps they will stop supporting liberals and unions.

Not gonna happen.

When the unions can mount a $100m ad blitz at the drop of a hat, as they showed in 2005 against Arnold's "Year of Reform" proposals, rather than fight, business will find it's cheaper to just relocate or close. The attrition has been happening for a decade.

42 posted on 08/18/2011 4:21:44 AM PDT by newzjunkey (12yo's consent law, AB499 (Atkins), passed the CA Asm 50-25, Sen vote next.)
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To: onedoug
These democrats are truly insane.

They truly are.

Lower taxes + deregulation = more jobs, greater profits, higher salaries and increased tax revenue. This has worked every single time it has been applied!

43 posted on 08/18/2011 4:46:52 AM PDT by Gena Bukin
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To: wjcsux

I used to work in Santa Monica and drove 405 from Redondo past LAX daily. What a hell commute. Have been done with
CA since 1999.


44 posted on 08/18/2011 7:31:47 AM PDT by RitchieAprile (How about a nice onion bajee?)
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To: americanophile

The Legislature, Governor Moonbeam & Mayor La Raza cannot make laws changing Prop 13.

That was a state Proposition, started with strong petition activity & very strong voting by the voters in 1978.

Where was Mayor La Raza in 1978? Was he even in kindergarten???

He is clueless what kind of damage this would do to California’s economy.

Nevada will welcome the new business activity & those who follow their jobs. NO income taxes here—for corps or persons. Lower costs of buildings & homes & lower property taxes.

This needs to be squashed immediately if there are any California residents who want their state to survive.

Otherwise:
Turn Out The Lights.....The Party’s Over.


45 posted on 08/18/2011 8:44:10 AM PDT by ridesthemiles
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To: Fred

Sell Los Angeles & San Diego to Mexico.

The rest of the state, except for the Bay area is pretty Republican & productive.


46 posted on 08/18/2011 8:53:46 AM PDT by ridesthemiles
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To: americanophile

Question for the mayor. Where do the owners of properties get their money to pay expenses including property taxes? Of course the answer is rents. If expenses go up, such as an increase in property taxes the landlord will have to raise rents. Thus rental costs will go up for the tenants. The property owners costs are simply passed along to the tenants. Thus costs of everything will be higher.


47 posted on 08/18/2011 10:00:48 AM PDT by Uncle Hal
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks americanophile.
Antonio Villaraigosa proposed dismantling California's Proposition 13, which helped begin a nationwide anti-tax movement, in favor of a "grand bargain" that would boost levies on business property.
Democrat.


48 posted on 08/18/2011 2:47:40 PM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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