To: SmithL
” It would raise at least $2 billion a year to backfill the lost tuition by adding 0.7 percent to the income tax rates for those with $250,000 in taxable income and 1.7 percent for taxable incomes of $500,000 or more.” If this actually got on the ballot it could pass I am sorry to say. There are many who live here who would not personally pay the new higher tax rate so they would vote yes for it. This is how they keep getting parcel taxes passed they exempt seniors
in exchange for there yes vote.
If this did get on the ballot with the other tax increases Brown and his cohorts are putting forth some will be looking at a 14 to 15 state income tax. I hate this state
8 posted on
03/22/2012 4:53:59 PM PDT by
funfan
To: funfan
If this did get on the ballot with the other tax increases Brown and his cohorts are putting forth some will be looking at a 14 to 15 state income tax. We need free gas, a 1% additional tax on those that make a whole lotta bucks ought to do it.
We need free food. A 1/2 % tax on those filthy rich ought to do it.
We need free housing. say, a 2% tax on those rich scumbuckets ought to be enough.
We should not be forced to work. A pension for all residents, financed by those evil rich bastages should cover the costs hansomly.
Hey, where did everybody go?
47 posted on
03/22/2012 8:14:19 PM PDT by
going hot
(Happiness is a momma deuce)
To: funfan
The major moving companies better gear up:
There will be lots of business if this passes.
There is no way that the high end earners with a lick of sense will stay in Calif & get taxed for something like this.
Especially since the wording says “residents’.
That lets ILLEGALS get a ‘free’ college education-—and then they CANNOT be hired by FEDERAL law since they are not a citizen!!! Throwing $$$ down a rat hole.
The second step will be thousands of young people moving to California—working for a year to establish ‘residency’ and then demanding their FREE tuition.
This is a bottomless pit of a financial disaster.
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