They'll spend it, of course.
While the piggy bank is not overflowing, it's heavy.
The unions who run California have an affinity for the rainy day fund as it evens employment in a downturn.
1 posted on
11/20/2019 3:09:00 PM PST by
Mariner
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To: Mariner
Up Gavin Newsomes nose.............
2 posted on
11/20/2019 3:11:06 PM PST by
mplc51
To: Mariner
Return it to the taxpayers.
3 posted on
11/20/2019 3:11:16 PM PST by
BenLurkin
(The above is not a statement of fact. It is either opinion or satire. Or both.)
To: Mariner
I live in CA. and I doubt this story with all of the illegals being supported etc. I highly doubt the state has this kind of money in their piggy bank!!!
To: Mariner
The tax payers can only move out so fast...
5 posted on
11/20/2019 3:12:47 PM PST by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
To: Mariner
But the analysts office recommends the Legislature allocate no more than $1 billion of the surplus to ongoing expenses to avoid having to make cuts to programs during a recession. Right...
6 posted on
11/20/2019 3:12:49 PM PST by
gogeo
(The left prides themselves on being tolerant, but they can't even be civil.)
To: Mariner
The money will go for state employee pensions. The bought the state elected officials their jobs, and this is the reward
7 posted on
11/20/2019 3:13:53 PM PST by
BigEdLB
(BigEdLB, Russian BOT, At your service)
To: Mariner
naturally, the commies in Sacramento will immediately refund the surplus to the taxpayers they extracted it from
and lower the state’s Highest-in-the-Nation tax burden
perhaps by repealing the state’s income tax!?
that would be a great step forward
8 posted on
11/20/2019 3:14:03 PM PST by
faithhopecharity
( “Politicians are not , born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
To: Mariner
My guess is the new gas tax tax they bait and switched to the general fund brought in this money.
Meanwhile the tax base is fleeing the Facism at a re order rate. Plus, it’s hard to run a silicon valley tech company without power...
This is like watching a train wreck in slow motion.
9 posted on
11/20/2019 3:14:04 PM PST by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
To: Mariner
Forest fire prevention? Haha, just kidding.
To: Mariner
7 billion dollar surplus? California? Are you sure this isn’t the Babylon Bee?
To: Mariner
12 posted on
11/20/2019 3:18:01 PM PST by
SkyDancer
( ~ Just Consider Me A Random Fact Generator ~ Eat Sleep Fly Repeat ~)
To: Mariner
Paging Joe Biden....
Joe Biden, California is on the telephone for you.
To: Mariner
Gosh, I wonder why the Federal Government isn’t running a surplus?
To: Mariner
there is no surplus....smoke and mirrors ...my bet is that the reality is a deciphit .
15 posted on
11/20/2019 3:18:24 PM PST by
PCPOET7
To: Mariner
Possibilities:
- Politician's pockets
- Monorail!!!
- ICE intererence
- More laws preventing forest management
- Draining more water into the ocean
- Protecting the right to shit on sidewalks
- Walls where politicians live
- Drug promotions
- Epstein's successor
- Normalizing trouples
- Allowing illegals to vote
-
17 posted on
11/20/2019 3:20:20 PM PST by
DannyTN
To: Mariner
I live in the unincorporated area of a California county. They just informed us that there is not enough money for fire protection in our area. They want to charge an annual parcel fee for fire protection. I pay state income tax, property tax, almost 10% sales tax and now they want more. Spend that
$7 billion on state constitutionally mandated public protection.
To: Mariner
Creative accounting at its best.
To: Mariner
Only, to me as a taxpayer, one question...
Have they paid back the unused high-speed railroad federal-funds as Trump demanded?
20 posted on
11/20/2019 3:22:10 PM PST by
SuperLuminal
(Where is Sam Adams now that we desperately need him)
To: Mariner
Sorry, mathematical conclusions from the poor math party are not believable. Color me doubtful.
21 posted on
11/20/2019 3:22:58 PM PST by
CincyRichieRich
(Vote for President Trump in 2020 or end up equally miserable, no rights, and eating zoo animals)
To: Mariner
Hmmm.... a drop from the $21.5 billion surplus this tax year for California down to a projected surplus of only $7 billion for the next tax year is quite a plunge for an economy that is booming.
Did California drastically lower its income, sales and gas tax rates? Or it something else going on?
23 posted on
11/20/2019 3:25:30 PM PST by
House Atreides
(Boycott the NFL 100% — PERMANENTLY)
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