CA Tax revenue drops 39%!

[BennyPhoenix]

Originally Posted by 4beanie

I don't have any figures but I would guess that California collects as much if not more property tax than a good percentage of the other states, because of the property values.

True.
This state didn't save all that prop tax money when they had the chance. The state spends all it gets instead of saving some.
My mother lives in Phoenix Arizona her prop tax is about $900. She lives in the Glendale area, it's a nicer part of Phoenix. Equivalent to West Los Angeles.
An average home in a lesser part of West Los Angeles can have a prop tax of $6,000 easily.

[Lovehound]

Originally Posted by BennyPhoenix

This state didn't save all that prop tax money when they had the chance. The state spends all it gets instead of saving some.

Too true! Our state government never saw a single dollar they didn't want to spend as soon as possible, and never misses the chance to borrow ahead if they can. That's why California's credit rating is so low. I think CA is #50 of all the states on credit ratings. That's what you get when you go on spending sprees.

That's why many of us are voting to keep money away from the state. If they can't get it from us taxpayers and they can't borrow it, they can't spend it. It's simple economics, not that they understand that in Sacramento.

[denverian]

Originally Posted by killer2021

haha ;-)

I wouldn't be surprised if they proposed the following:

Electricity taxes for conservation
Water taxes for conservation
Waste disposal taxes for conservation

Here in Denver they begged everyone to conserve water a couple years ago, so everyone did a good job of conserving water. Then revenue went down for the water department, so they jacked the rates up!

[Lovehound]

Originally Posted by denverian

Then revenue went down for the water department, so they jacked the rates up!

Doh!

I get the feeling that some citizens and some legislators want to raise our property taxes to make up for property values going down.

Maybe California should start charging an admission fee to move here, perhaps $10,000 a head... Wait!?! What?!? There would be fewer people so they'd have to charge us more each for taxes!!!

All you transplants, come on out and relocate to California! Buy my house.

[roosevelt]

People who do not pay taxes vote; people who pay taxes are now in the minority. Who do you think a power hungry politician is going to cater to?

[Lovehound]

Do you have some statistics for that? It sounds interesting, and would explain a lot.

And let's not forget all the people who are registered but do not vote, and all the people who didn't even bother to register.

[Bob's Burgers]

How about we stop feeding all the public school children? Many students get a free breakfast and lunch everyday in public school ( one high school in OC spends over $1,000,000 a year for this entitlement). How about we stop giving welfare to non-citizens and felons who have just been released from prisons. How about we crack down on medicare and medical fraud? How about we stop hiring people for government jobs that are not necessary? How about we stop allowing the governor appointing his friends to water, nature, trash ....commission positions where they meet a couple of times a year and collect $50,000 to $100,000 in salary? And so forth....

[BlackShoe]

The fiscal situation in California has gotten so bad that any day now I expect to receive a notice stating that I now must pay an annual tax on my pet Dodo Bird.