OLD DIRTY
Banned
Posts: 738
Joined: May 2012
I Root For: Old Dominion
Location:
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California says it all
Note the mess California is in came from being Democrat controlled. Running the country like California is going to be different how? Even the Cali voters have figured it out - Bad, bad, bad for Obama, Mr. Big Spending, Big Gov't, and Big Taxes, and Big Deficits himself.
http://news.yahoo.com/cash-strapped-cali...33956.html
Cash Strapped California Cities Backing off Asking for Tax Hikes
Quote: LOS ANGELES (Reuters) - Californian cities hobbled by crippling deficits are rushing to declare fiscal emergencies to help solve their money problems, yet they are backing away from the tax increases that such declarations make possible.
Over the past six months, city councils in at least seven municipalities invoked a state law which allows them to put tax hikes on the ballot much more quickly in the event of a "fiscal emergency."
Burdened by expensive public employee contracts and the fall-out from the housing meltdown, the cities are struggling to avoid the fate Stockton and San Bernardino, both of which recently filed for bankruptcy protection.
But now some of those cities are thinking twice about the wisdom of seeking tax hikes.
On July 31, the Los Angeles suburb city of Duarte dropped a proposed ballot initiative to hike its local sales tax by up to 1/2 percent when the proposal couldn't muster the required unanimous vote of its five-member city council.
A day earlier, the city council of Stanton, in Orange County, voted 5-0 against a ballot measure that would increase its utility tax from 5 percent to 7 percent. Mayor Carol Warren cited "signs of improvement" in first quarter business activity.
In June, Stanton voters had rejected a council proposal for a similar tax increase on electricity, natural gas and telephone service.
The best (highest rated) comments, which tells the true Nov. 6 story:
Quote: You know, these cities could always cut their spend.... Oh... That's right. Can't do that!
71 thumbs up, 0 down
Quote: You are going to have to cut pensions and retiree health care. Wake up.
52 thumbs up, 0 down
Quote: Keep letting the illegals rape your cities.
42 up, 0 down
Quote: Say what????? People in CALIFORNIA are revolting against tax increases???? I thought the liberal answer to all problems financial could be fixed with a tax increase....
63 up, 1 down (Roberta?)
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08-03-2012 07:43 AM |
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DrTorch
Proved mach and GTS to be liars
Posts: 35,887
Joined: Jun 2002
Reputation: 201
I Root For: ASU, BGSU
Location:
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RE: California says it all
(This post was last modified: 08-03-2012 08:44 AM by DrTorch.)
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08-03-2012 08:41 AM |
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Bull_In_Exile
Eternal Pessimist
Posts: 21,809
Joined: Jun 2009
Reputation: 461
I Root For: The Underdog
Location:
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RE: California says it all
What *really* ironic here is that they are now blaming facebook for a big part of their budget issue..
In Governor moonbeam has bet his states budget on the stock market. I wonder what he thinks about letting people invest their social security in the market
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08-03-2012 09:16 AM |
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smn1256
I miss Tripster
Posts: 28,878
Joined: Apr 2008
Reputation: 337
I Root For: Lower taxes
Location: North Mexico
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RE: California says it all
I don't think California can be saved, only its death prolonged. The coroner will list the cause as suicide.
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08-03-2012 09:21 AM |
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SumOfAllFears
Grim Reaper of Misguided Liberal Souls
Posts: 18,213
Joined: Nov 2008
Reputation: 58
I Root For: America
Location:
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RE: California says it all
California elected officials encourages illegal voting. Thats why the people paying the bills have lost complete control. It is where the liberal agenda is heading.
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08-03-2012 09:21 AM |
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RobertN
Legend
Posts: 35,485
Joined: Jan 2003
Reputation: 95
I Root For: THE NIU Huskies
Location: Wayne's World
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RE: California says it all
(08-03-2012 07:43 AM)OLD DIRTY Wrote: Note the mess California is in came from being Democrat controlled. Running the country like California is going to be different how? Even the Cali voters have figured it out - Bad, bad, bad for Obama, Mr. Big Spending, Big Gov't, and Big Taxes, and Big Deficits himself.
http://news.yahoo.com/cash-strapped-cali...33956.html
Cash Strapped California Cities Backing off Asking for Tax Hikes
Quote: LOS ANGELES (Reuters) - Californian cities hobbled by crippling deficits are rushing to declare fiscal emergencies to help solve their money problems, yet they are backing away from the tax increases that such declarations make possible.
Over the past six months, city councils in at least seven municipalities invoked a state law which allows them to put tax hikes on the ballot much more quickly in the event of a "fiscal emergency."
Burdened by expensive public employee contracts and the fall-out from the housing meltdown, the cities are struggling to avoid the fate Stockton and San Bernardino, both of which recently filed for bankruptcy protection.
But now some of those cities are thinking twice about the wisdom of seeking tax hikes.
On July 31, the Los Angeles suburb city of Duarte dropped a proposed ballot initiative to hike its local sales tax by up to 1/2 percent when the proposal couldn't muster the required unanimous vote of its five-member city council.
A day earlier, the city council of Stanton, in Orange County, voted 5-0 against a ballot measure that would increase its utility tax from 5 percent to 7 percent. Mayor Carol Warren cited "signs of improvement" in first quarter business activity.
In June, Stanton voters had rejected a council proposal for a similar tax increase on electricity, natural gas and telephone service.
The best (highest rated) comments, which tells the true Nov. 6 story:
Quote: You know, these cities could always cut their spend.... Oh... That's right. Can't do that!
71 thumbs up, 0 down
Quote: You are going to have to cut pensions and retiree health care. Wake up.
52 thumbs up, 0 down
Quote: Keep letting the illegals rape your cities.
42 up, 0 down
Quote: Say what????? People in CALIFORNIA are revolting against tax increases???? I thought the liberal answer to all problems financial could be fixed with a tax increase....
63 up, 1 down (Roberta?)
I knew Bush was going to bankrupt the country since he had a record of doing that in his private sector businesses.
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08-03-2012 09:55 AM |
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