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Old 05-16-2019, 10:29 PM
 
Location: Rust'n in Tustin
3,271 posts, read 3,930,978 times
Reputation: 7064

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California's governor pushes new taxes, fees despite whopping $21.5 billion surplus

https://www-cnbc-com.cdn.ampproject....n-surplus.html

LOS ANGELES — Gov. Gavin Newsom is pushing new taxes and fees even as California enjoys a huge surplus, but lawmakers, including his fellow Democrats, appear to have little appetite for new taxes.

On Wednesday, a budget subcommittee of the state Senate axed the governor's plan to slap a water taxon Californians to fund a safe drinking water program in disadvantaged communities. Newsom endorsed the tax in January and highlighted it last week in his May budget revision...
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Old 05-17-2019, 07:48 AM
 
Location: Sylmar, a part of Los Angeles
8,342 posts, read 6,426,948 times
Reputation: 17462
I hope California Democrats overdo it to the point where people finally get fed up and start to vote in Republicans
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Old 05-17-2019, 08:16 AM
 
Location: State of Transition
102,210 posts, read 107,859,557 times
Reputation: 116133
How does the surplus look, after pension obligations are factored in? Is this another one of those "compartmentalized" surpluses? The CA budget has so many strings attached, that Governators can't spend it on new projects; they need to come up with new revenue sources for that.

So, IDK. More info needed. He wants a water quality project for some communities. He can't just write a check for that, against the surplus. It doesn't work that way.
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Old 05-17-2019, 08:57 AM
 
Location: Sierra Nevada Land, CA
9,455 posts, read 12,543,609 times
Reputation: 16453
Quote:
Originally Posted by ysr_racer View Post
California's governor pushes new taxes, fees despite whopping $21.5 billion surplus

https://www-cnbc-com.cdn.ampproject....n-surplus.html

LOS ANGELES — Gov. Gavin Newsom is pushing new taxes and fees even as California enjoys a huge surplus, but lawmakers, including his fellow Democrats, appear to have little appetite for new taxes.

On Wednesday, a budget subcommittee of the state Senate axed the governor's plan to slap a water taxon Californians to fund a safe drinking water program in disadvantaged communities. Newsom endorsed the tax in January and highlighted it last week in his May budget revision...
That tax was shot down by the legislature.
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Old 05-17-2019, 10:37 AM
 
Location: Business ethics is an oxymoron.
2,347 posts, read 3,333,328 times
Reputation: 5382
Seems to me that 100% taxation of those in the $50k-$100k income bracket is the ultimate goal and aim.
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Old 05-17-2019, 02:09 PM
 
Location: Rust'n in Tustin
3,271 posts, read 3,930,978 times
Reputation: 7064
Quote:
Originally Posted by Des-Lab View Post
Seems to me that 100% taxation of those in the $50k-$100k income bracket is the ultimate goal and aim.
Then the government can decide how to divide up among the citizens (subjects)?

What could possibly go wrong with complete government control?

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Old 05-17-2019, 02:23 PM
 
6,089 posts, read 4,986,028 times
Reputation: 5985
Look at New York, and Illinois. It's never enough.

You can never support a system financially where those who work are forced to pay for those who don't.
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Old 05-17-2019, 02:32 PM
 
Location: Eureka CA
9,519 posts, read 14,741,992 times
Reputation: 15068
I'm a retiree, and a taxpayer. If I can afford to live here, anyone can. If you can't , you should move to Texas. Let us know how you like it.
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Old 05-17-2019, 03:01 PM
 
Location: On the water.
21,735 posts, read 16,341,054 times
Reputation: 19830
Quote:
Originally Posted by ysr_racer View Post
Then the government can decide how to divide up among the citizens (subjects)?

What could possibly go wrong with complete government control?

Nothing. Just ask your favorite uncle Donald.
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Old 05-17-2019, 08:03 PM
 
8,390 posts, read 7,642,722 times
Reputation: 11020
Raise your hand if you're running for public office in the state of California to fix what you don't like.

Raise your other hand if you're actively volunteering to get someone elected who you think will fix what you don't like (or making contributions to their campaign if you're lazy).

I have one of my hands raised --- anyone else?
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