Where did you ever get this idea? Do you really think that increasing taxes will EVER satisfy the insatiable greed of government and government union employees? My guess is that the increase in tax rate will DECREASE the actual revenue as the productive citizens leave the state and find ways to protect their incomes from the rapacious thieves in Scramento. And 0bama will not hesitate to spend your money to bail out has supporters in the Peoples' Democracy of Kalifornistan when they claim their revenues fell under their projections (oddly enough I'm sure their spending will greatly exceed their projections)
“And 0bama will not hesitate to spend your money to bail out has supporters in the Peoples’ Democracy of Kalifornistan when they claim their revenues fell under their projections”
Oh he may try, the only problem is with a State that size taxpayers don’t have that kind of money, and it’s doubtful we can borrow that kind of money through treasury sales, unless helicopter Ben steps in.