[Hoverbug]

Sorry LS, but a bond is as good as a tax raise. More money going to the state, only with a bond, the government gets the money first, THEN the taxpayers have to pay for it PLUS interest, instead of the other way round.

There's revenue increase to the state, revenue neutral, and revenue reduction. That's it. Any other names (fees, bonds etc) are distractions for the suckers.

Tell me this. When he goes after the Indian Casino Money, is he going to reduce everyone else's taxes so that the revenue to the state remains neutral, or is he going to leave everyone's taxes where they are, make it a revenue increase, AND JUST RAISE TAXES ON THE INDIANS?????

Hb

[Tempest]

I believe you mean to say that he plans to institute taxes on an industry that doesn't pay any taxes.

You can't raise a sail if you never owned a sailboat can you?

Anyways bankruptcy would pretty much insure a tax increase, even worse credit if that possible and create a even less desirable business climate. I'm not quite sure what the benifit there is.

So I'm just curious. With a budget of 99 billion dollars and a debt of 34.6 billion dollars what would be your plan to bring California back???