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Californians love tax increases!
Nov. 7, 2012 Katy Grimes: The ballot initiative results makes it appear that it appears that California residents love paying taxes, According to the California Secretary of State’s website, Proposition 30, Gov. Jerry Brown’s tax increase measure, passed 53.9 percent to 46.1 percent. This makes California the highest taxed state in the country. Proposition 39, the tax increase on out-of-state businesses, also passed, 60.1 percent to 39.9 percent. Watch for many of these out-of-state companies to wrap up California operations, rather than pay another $1 billion in taxes to the state of California. Proposition 32, which would have ended the automatic payroll deduction from union employee’s paychecks, failed to pass, 43.8 percent to 56.2 percent. Unions spent more than $73 million to kill this measure. Proposition 31 failed. This was the 2-year budget reform measure by California Forward.
But remember when the government raises taxes, revenues fall. Around the Capitol has all of the results with lots of bar graphs and colors. There are many people throughout the state today who are really baffled. California voters in the last eight elections refused to pass tax increases. Californians have not voted to pass a statewide tax increase since 2004. But many have warned that when people can vote for their own entitlements, it’s all over. Perhaps California has really reached this place. National results status quoThe 2012 Election overall had status quo results. The U.S. Senate is still controlled by the Democrats. In California, as expected, Sen. Diane Feinstein kept her seat. The U.S. House of Representatives is still controlled by the Republicans, and the Presidency went back to President Barack Obama. There are those who believe that the Presidential election turned last summer when the Obama campaign put out a barrage of negative campaign ads against Mitt Romney, and Romney didn’t fight back. Others say that Romney’s singular focus on the economy didn’t appeal to too many voters.
Tags: budget deficit, California, California Legislature, Democrats, Jerry Brown, Katy Grimes, Public Employee Unions, Republicans, Sacramento, tax increases Comments(29) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
May 21, 2013
Clearly and disappointingly you are correct; California residents must love new taxes. So next week when CARB conducts the AB 32 cap-and-trade auction to impose MORE taxes maybe it will be declared a state holiday. I, however, remain baffled.
Prop 30 won in the biggest counties in the state by a 3-1 margin, LA, SF, CC and a few other large Bay Area counties……..you cannot get 3-1 margins and not win/lose. How the margin got that big, well, it is crazy.
Congrats to all those liberals on this election. But now you can’t blame the repubs, they have no power. You have to fix it now. No excuses.
The 47% romney talked about is closer to 50%. People are voting themselves entitlements now, thinking that someone else is paying for it. They are voting to increase their own taxes, thinking they are raising someone elses. In the long run, they will pay for it in a depression economy.
By the way, have you seen the stock market today. The people voted yesterday but today, the investers are voting. Down 354 at this writing.
The latest tax increases by both Kali in 09 and Illinois last year have produced more deficits. Many Kali millionaires are moving but many more investors are not coming to this state. Like my hero Ross Perot says, there is a great big sucking sound, the sound of investment money being sucked out of the state.
Hondo…..
I love it more to see you whiners sit and stew over it!! Especially KATY GRIMES!!
Katy says,
Proposition 32, which would have ended the automatic payroll deduction from union employee’s paychecks, failed to pass, 43.8 percent to 56.2 percent. Unions spent more than $73 million to kill this measure.
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Hey Katy, at least we do it legally and do not break the law!!
Arizona-based “Americans for Responsible Leadership” admitted to being the intermediary for groups directly linked to the billionaire Koch Brothers in making the largest contribution ever disclosed as campaign money laundering in California history!!!
“How the margin got that big, well, it is crazy”.
Yes, it’s Crazyfornia!
Hate to sound like a broken record but one should never underestimate the implacable stupidity of Crazyfornia voters. There is something about what passes for popular culture here that is permanently irrational and self destructive. But don’t worry folks, like the lotus eaters say “The weather is nice” so why worry? At least the legion of unemployed can soak up some rays at the beach.
“They are voting to increase their own taxes, thinking they are raising someone else’s. In the long run, they will pay for it in a depression economy.”
We already have a depression economy here in Kalifornia but the official government statistics hide it. Now we will go from bad to worse. Just wait until all the Obama tax increases kick in next year for Obamacare, expiration of the Bush payroll and income tax reductions, the usual Alternative Minimum Tax fiasco, etc. After paying for all that what will you have left over to pay for sharply higher energy bills (AB32 + EPA mandates), higher health insurance premiums, expensive mandated hybrid cars and on and on and on.
“They are voting to increase their own taxes, thinking they are raising someone else’s.”
This is the very essence of irrationalism and idiocy. It’s the very essence of Crazyfornia.
NTHEOC said – “I love it more to see you whiners sit and stew over it!! Especially KATY GRIMES!!”
Enjoy your brief moment of schadenfreude. You tax feeders may not get the last laugh. Raising tax rates doesn’t necessarily raise tax revenues, and if the revenues don’t go up how will The Overlords pay for your expensive salaries and perks? Cities will still go bankrupt and the states credit rating will inevitably tank. The stock market (where most of your pension is invested) is tanking already. Have a nice day though
Wow, been to other sites this morning and its wild how many people are either moving out or already have. Not to mention the amount of businesses leaving.
I think it will be a tsunami!. Ultimately, California is in for one big financial storm. I also see more municipalities going bellyup!
Amazing how a state or for that matter a nation will in the end lose since they cant seem to embrace conservative values and a free market.
barb says:
Wow, been to other sites this morning and its wild how many people are either moving out or already have.
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Well get going barb!! C-ya!! Actually where i live people are moving in and i have neighbors who are small business owners not going anywhere!! BWAAHAHAH, poor barb….
Why waste space with rationalization…you got whacked bad….deserve it…..your arrogance
rewarded with crushing losses at every turn…
Face it….when is the last time you were relavent?
Your lifers…lifetime political, economic policy, social policy overwhelming losers!
Queeg is sitting at his computer reviewing the CWD posts and his eye is twitching again….he sends condolences….
The unions were made up of working people right here in CA, Katy–unlike the AZ shadow group that tried to pass Prop. 32, with its dirty, anonymous eleven million dollars. It doesn’t matter anymore what Californians like or don’t like. Its money that does the talking now.
Thank you ulysses, I was thinking the same.
Yes, Dispeptic, you are going to have to make some sacrifices to live in a state like CA and keep the freedoms you have as a resident of the greatest country in the world. If you can afford it, you will pay a few cents more at the cash register–think about it–that $100 pair of shoes is going to set you back an extra 24 cents! If you can’t afford to pay the extra, you will be helped by those who can–that is the American way. Suck it up! Sour grapes don’t taste very good, do they!
Thataway, Barb. Throw cold water on everything–go off on your own snit. Don’t work with others to make this a better state–keep insisting that CA is going down the toilet! If you can’t have your way, just go on and join that imbecile who is running Texas! (I’ve been there too–you can drive all day, and see nothing worth seeing; in the summer, you will smother and get nauseaous.)
“But remember when the government raises taxes, revenues fall.”
“BOTH SIDES MAY NEED SOME EDUCATION”
http://www.cato.org/publications/commentary/lesson-laffer-curve-barack-obama
Daniel J. Mitchell:
“it is wildly wrong to claim that “all tax cuts pay for themselves” or that “tax increases always mean less revenue.”
Katy, can we put some of the gloaters in a “time-out”?????
I am already suicidal w/o them bullying me even more
“The 47% romney talked about is closer to 50%.”
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This is probably one of the biggest reasons for Romney’s demise. The election was virtually his to lose, and he came through in flying colors.
And not because he may have contempt or disregard for half the nations population.
He displayed a glaring lack of logic and common sense. (He is far from being alone in this.)
In the video, he spoke of the 47% who pay no (federal) income taxes and the 47% who support Obama as if they were the same group. Hondo, and others, speak of the 47% as those “on the dole” (“voting themselves entitlements”)
The “47%” is NOT a monolithic group, They are three distinct groups who happen to share a coincidental number.
Of the 47% who pay no federal taxes, it is a safe assumption that at least 40% (maybe 47% of the “47%”) are NOT Obama supporters. People who do not pay federal income tax may be retirees living on Social Security or on pensions or annuities too low to qualify for federal taxes. Surely all these people are not Obama supporters. Some of the 47% may be hard working productive wage earners who do not earn enough to pay federal taxes. In 2011, 78,000 tax filers with incomes between $211,000 and $533,000 paid no income taxes; 24,000 households with incomes of $533,000 to $2.2 million paid no income taxes, and 3,000 tax filers with incomes above $2.2 million paid no income taxes. Probably not ALL Obama supporters.
There MAY be 47% of Americans receiving some kind of government funds. Welfare? Social Security? G I Bill? Crop supports? Many in the group receiving “entitlements” might also be in the group who DO pay federal income tax. (I pay it on my Social Security.)
These are three distinct groups who have some overlaps, and I want a president who is not so simplistic and illogical, or dishonest, that he cannot discern the difference.
To the gloaters, enjoy it now, and perhaps even better days are ahead in California…………………..perhaps, not. One may wonder what “not” means, some may not.
Hey Rex, many conservative voters are in a state of shock right now and for good reason. But don’t let it get you down. They won, we lost. No more to be said. But in the end, the Democrat party now owns this state and the Senate and Executive branches at the Federal level. They now own it! What happens now is their doing (or undoing!). No more blaming Bush!
As for the tax increases in California, people will either accept it or leave. And my hunch is where there is a better quality of life for less, they will leave. Not to mention jobs!
It’s a big world out there, and I’ve had the opportunity to grow up in the state of Texas. And trust me, Texans think of their state as the big world! I’ve also lived off/on in the state of California (was born here). The comparisons are stark! California is a liberal, big government, nanny state. Texas is independent and believes in allowing people to thrive on such independence with free-market principles. Sure it gets hot in Texas, but that’s why you have air conditioning ( a great invention ). I’ve seen beautiful country in Texas as I’ve seen in California. The cultures are two entirely different beast! Texas is a big, thriving economy and more companies are enjoying the benefits of operating in the state of Texas. And I might add that Governor Perry is working on reforming college affordability by not allowing tuition increases each year. He actually wants to cap tuition.
So go ahead, make fun of Texas and Governor Perry. But while California is steep in debt for all the obvious reasons, Texas will enjoy less debt and more surplus in the coming years with an ever growing skilled and educated workforce.
You can bank on it!
Hey NThe, I wonder how many of those who moved to OC recently now have regrets? Oh yeah, you’ll say, “Oh No, we love it here, especially now that we’re payng up the yazoooooo”! Uh Huh!
But hey, you liberals won and we lost! So you’re doing something right by winning elections!
I’m done! Thanks CalWatchDog! Always enjoy the read!
And just think NTHEOC didn’t have to burn anything down or even beat up a single scab. Union-topia from here on out.
Barb says:
I’m done! Thanks CalWatchDog! Always enjoy the read!
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Another one bites the dust!! C-ya!
Rex the Wonder Dog! says:
Katy, can we put some of the gloaters in a “time-out”?????
I am already suicidal w/o them bullying me even more
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I would feel bad for you rex, but you do tend to bring it on yourself!!
barb says,
So go ahead, make fun of Texas and Governor Perry.
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OK!!! You got it barb..
Texas has the Worst humidity and dew point. Yes it is true. Houston/bay area is tied with annual averages for the worst humidity and dew point in the
united states per NOAA. In a nutshell, it’s like a sauna. a constant
sauna for 7 months out of the year. what’s even better, is there are
no seasons! But they do have Hurricanes!! you got it, more tax dollars go to natural disasters like hurricanes in tx. nothing like every hurricane season
fearing the wrath of god upon your family and home. And how about them Tornadoes? This must have to do with the fact that tx leads the
nation in the amount of trailor homes as a percentage of all homes.
the good thing is, tx is flat and has nothing around for 100′s of
miles.So, not many people should get hurt except those who ask for
it. you know, texans! LOL. Texas as a state ranks in the top 5 of all states for all major pollutants. Go figure! The EPA says you can’t breathe the air for fear of carcinogens, can’t drink the water for fear of toxins, can’t eat
the seafood for fear of mercury poisoning, and the Taiwanese plants
spill high levels of run-off into the neighborhoods!! when you
visit tx, you get the full impact of what a cesspool they’ve made out
of their state with factories, oil refineries, and chemical plants.
Don’t get me wrong, it is good somebody is manufacturing this stuff
out there, but, man, you’ve got to be CRAZY to live amongst the stench-filled, chemical run-off, heat-fest that is TEXAS!!!!!!!
I am being as gentle as possible, under the circumstances, Rex. If Prop. 30, had passed, you would be howling and yelping, non-stop. Not even to mention, what you wanted to see happen to your CA cohorts, via Prop. 32.
I have family in Texas, Barb. Would never intend to cause it harm–but turn-about is fair play, in the game of political slings and arrows, don’t you think.
None of you are at fault, concerning the money that is now flowing into the political process, unless you are connected with the SCOTUS members who have caused the decision that has made the mockery that the political process now is. A local member of our community, who has been in the CA legislature, has defeated a long-time incumbent, for a Congressional seat, through the generosity of a 2.3 million dollar gift from Bloomberg, during the final week of the campaign. I would take my vote right back, if I had known–it is, WRONG!!!
California is run by the slumlord class, and they will escape higher taxes with their lawyers and loopholes while making poorer working people lose their power and incomes.
In the end, it will all come crashing down.
You’d have to be crazy to live in California.
Let the slumlords live with their indoctrinated servants and pothead tune outs, and when those servants can’t get the pennies thrown at them by the slumlords to mollify them, they will turn on the slumlords.
Don’t let them get your family and kids.
Poodle is wrong
All the time….shun him…..
Dys…is the new bad boy…..tragic!
The collective taxes in California are just ridiculous. They are simply flushing otherwise productive money down the drain and voting for these tax increases just reinforces this behavior. In San Francisco, for example, $250,000 for a family is just not enough, especially considering sales taxes around 10%, state income tax well over 10%, property taxes of at least 5-10% per year for homes here (yes, another 10%, a $1.5M 2 bedroom condo has taxes of $15,000), and that is before all of the other special taxes imposed by the city and state and federal income taxes likely to be pushing 40%. Are you kidding me? Why not push the collective rates to 110%. That would work even better.