CA Just Doesn't GET IT!

[GHook93]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

Jerry Brown's tough sell on tax increases
Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.


"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that."

Brown said the teachers' proposed 3 percent tax on million-dollar incomes would do nothing to cure the state's structural deficit because its revenue would be directed to specific programs (60 percent education, 25 percent social services, 10 percent public safety, 5 percent road and bridge repair) "on top of" previously locked-in spending commitments, including for education.

 

[High_Gravity]

Even the Porn industry is packing up their bags after the condom ruling.

 

[Synthaholic]

CA Just Doesn't GET IT!


OBVIOUSLY, I thought this was another California Girl thread.

 

[Claudette]

I honetly don't know how anyone can afford to live in that State.

As long as they keep electing Dems to the State Legislature CA will be in the hole.

 

[Syphon]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

Jerry Brown's tough sell on tax increases
Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.


"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that."

Brown said the teachers' proposed 3 percent tax on million-dollar incomes would do nothing to cure the state's structural deficit because its revenue would be directed to specific programs (60 percent education, 25 percent social services, 10 percent public safety, 5 percent road and bridge repair) "on top of" previously locked-in spending commitments, including for education.

thanks for cutting off the rest of the artucle.

He also noted that a heavily top-weighted tax would amplify the volatility of a state tax structure that already sways wildly with boom and bust cycles.

Brown is absolutely right about both the precariousness of depending on capital-gains-driven incomes and the problems created by ballot-box budgeting.

Assuming the teachers go through with their measure, Brown's daunting task will be to persuade voters that the responsible course would be for his option to work "hand in glove with the budget architecture" to bridge deficits with a half-cent sales tax and a 1 percent tax increase on family incomes of $500,000, rising to 2 percent for family incomes of $1 million.

The governor's worst fear is that the presence of three competing tax measures - another would raise taxes on all incomes - would divide support and doom all three, requiring several billion dollars in additional cuts. That would amount to disaster in a state where state spending on higher education has fallen by 25 percent in recent years.

Read more: Jerry Brown's tough sell on tax increases

the 3% increase is the teachers union idea, not Browns. he is entertaining it as possible solution, but from the rest of the article it doesnt look like he thinks it will work.

 

[Synthaholic]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

Jerry Brown's tough sell on tax increases
Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.


"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that."

Brown said the teachers' proposed 3 percent tax on million-dollar incomes would do nothing to cure the state's structural deficit because its revenue would be directed to specific programs (60 percent education, 25 percent social services, 10 percent public safety, 5 percent road and bridge repair) "on top of" previously locked-in spending commitments, including for education.

thanks for cutting off the rest of the artucle.

He's dishonest.

 

[Mr Natural]

And yet they have some of the highest property values in the country.

Go figure.

 

[High_Gravity]

And yet they have some of the highest property values in the country.

Go figure.

Thats something I never understood, I seen houses in areas of Watts where crime is rampant and the cost is over $400,000.

 

[California Girl]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

Jerry Brown's tough sell on tax increases
Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.


"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that."

Brown said the teachers' proposed 3 percent tax on million-dollar incomes would do nothing to cure the state's structural deficit because its revenue would be directed to specific programs (60 percent education, 25 percent social services, 10 percent public safety, 5 percent road and bridge repair) "on top of" previously locked-in spending commitments, including for education.

thanks for cutting off the rest of the artucle.

That's because USMB enforces the laws on copyright.

Idiot.

 

[Syphon]

And yet they have some of the highest property values in the country.

Go figure.

Thats something I never understood, I seen houses in areas of Watts where crime is rampant and the cost is over $400,000.

not anymore, maybe during the boom. but the average price of a house in the greater los angeles area is now. $360k, Watts is $162,000

Median Home Prices - Los Angeles County Cities

Watts is also where USC is located funny enough.

 

[Syphon]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

thanks for cutting off the rest of the artucle.

That's because USMB enforces the laws on copyright.

Idiot.

you have to provide the link. but he cut off the part where Brown didnt endorse the plan, he simply talked about it.

 

[California Girl]

thanks for cutting off the rest of the artucle.

That's because USMB enforces the laws on copyright.

Idiot.

you have to provide the link. but he cut off the part where Brown didnt endorse the plan, he simply talked about it.

Copyright Guidelines:
Copyright infringement is illegal. USmessageboard.com will enforce the law. Never post an article in its entirety. When posting copyrighted material, please use small sections or link to the article. When posting copyrighted material you MUST give credit to the author in your post. You are responsible for including links/credit, regardless of how you originally came across the material. Link Each Copy and Paste.

He followed the board rules.

At the risk of repeating myself.... idiot.

 

[Syphon]

That's because USMB enforces the laws on copyright.

Idiot.

you have to provide the link. but he cut off the part where Brown didnt endorse the plan, he simply talked about it.

Copyright Guidelines:
Copyright infringement is illegal. USmessageboard.com will enforce the law. Never post an article in its entirety. When posting copyrighted material, please use small sections or link to the article. When posting copyrighted material you MUST give credit to the author in your post. You are responsible for including links/credit, regardless of how you originally came across the material. Link Each Copy and Paste.

He followed the board rules.

At the risk of repeating myself.... idiot.

idiot she should have posted twice then, as you on the right like to point that out and say ohhhhh well you conveniently cut this part off.

dumbass.

 

[Dr.Drock]

California does get it, there's nothing more dangerous than frisbees and footballs, so they banned them.


Actually the only thing more dangerous than those things are Mcdonald's toys, I dunno why everyone doesn't move there.

 

[Mr Natural]

And yet they have some of the highest property values in the country.

Go figure.

Thats something I never understood, I seen houses in areas of Watts where crime is rampant and the cost is over $400,000.

not anymore, maybe during the boom. but the average price of a house in the greater los angeles area is now. $360k, Watts is $162,000

Median Home Prices - Los Angeles County Cities

Watts is also where USC is located funny enough.

But that $162,000 house in Watts would probably sell for $25,000 (if that) in Detroit.

 

[Harry Dresden]

And yet they have some of the highest property values in the country.

Go figure.

that have dropped just like everyone else's.....

 

[Mr Natural]

And yet they have some of the highest property values in the country.

Go figure.

that have dropped just like everyone else's.....

True. But they're still more than everyone elses.

 

[Harry Dresden]

And yet they have some of the highest property values in the country.

Go figure.

Thats something I never understood, I seen houses in areas of Watts where crime is rampant and the cost is over $400,000.

that was in the up-scale part of Watts.....

 

[GHook93]

They have a huge budget crisis, yet they have the highest income tax in the US (topping at 10%) and the highest Corporate Tax in the WORLD! Their solution is tax the millionaire (you know the people making over $250K) more. They want to raise taxes by 3% to 13%!

They say that's the solution, but it's not. Corporation and rich people are running from CA. This move will acellerate it. You NEVER hear a copy naming CA as a destination to move operations, you never hear people starting up companies, retirees don't go to beautiful CA. No all you hear is this co move, this rich go moved etc.!

Gov Brown might be the worst Gov in US history (But think IL Gov Quinn beats him)!

Jerry Brown's tough sell on tax increases
Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.


"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that."

Brown said the teachers' proposed 3 percent tax on million-dollar incomes would do nothing to cure the state's structural deficit because its revenue would be directed to specific programs (60 percent education, 25 percent social services, 10 percent public safety, 5 percent road and bridge repair) "on top of" previously locked-in spending commitments, including for education.

thanks for cutting off the rest of the artucle.

He also noted that a heavily top-weighted tax would amplify the volatility of a state tax structure that already sways wildly with boom and bust cycles.

Brown is absolutely right about both the precariousness of depending on capital-gains-driven incomes and the problems created by ballot-box budgeting.

Assuming the teachers go through with their measure, Brown's daunting task will be to persuade voters that the responsible course would be for his option to work "hand in glove with the budget architecture" to bridge deficits with a half-cent sales tax and a 1 percent tax increase on family incomes of $500,000, rising to 2 percent for family incomes of $1 million.

The governor's worst fear is that the presence of three competing tax measures - another would raise taxes on all incomes - would divide support and doom all three, requiring several billion dollars in additional cuts. That would amount to disaster in a state where state spending on higher education has fallen by 25 percent in recent years.

Read more: Jerry Brown's tough sell on tax increases

the 3% increase is the teachers union idea, not Browns. he is entertaining it as possible solution, but from the rest of the article it doesnt look like he thinks it will work.

The entire article is about Gov Brown trying to sell a tax increase! And the Unions pull his strings, what the unions want they get!

Also Brown has talked about tax increases for a while, what makes you think he is bluffing now?

 

[Full-Auto]

I must agree with governor Brown......

The income tax and the sales tax should be doubled, maybe even tripled.

That will show me....