CA: State sees sharp drop in income tax revenue

Sac Bee ^ | 5/5/09 | Dale Kasler

[Roklok]

My 3 inlaws who live in SanDiego got IOUs instead of a check for their state income tax refund. They are livid.

[SkyDancer]

Simple solution: Raise taxes and fees. There, done.

[bert]

The saddest sign in California said....”I’m outta here. See you in Michigan”

[Wissa]

Sadly it will get worse and worse and people will still vote for liberals.

Hard to see any other outcome when they drive all the conservatives out of the state. The people that are left don't vote based on logic, so they don't reason out the cause and effect of continuing to vote in liberals.

[blam]

Not to worry, Obama will send you some of my money.

[mosaicwolf]

As they say, as California goes so goes the country. The US is not far behind folks. Punish achievement and reward the lazy will do it every time.

[OCCASparky]

Time for some heavily armed Democrat extraction squads to head to other states and bring back all of those scofflaw ex-residents who thought they could defeat the Glorious Revolution by moving away. :)

Come and get me. BTW--did I mention NH is a "shall-issue" state?

[Gritty]

What? You mean policies which have caused hordes of productive people and companies to flee the state has adverse consequences?

Who could have possibly foreseen that!!??

[grimalkin]

What did they expect?

[Vaduz]

CA: State sees sharp drop in income tax revenue,with most mexicans getting paid in cash for day labor wonder how much tax money is lost?and top it off with welfare no wonder Ca. is in the hole.

[grobdriver]

Is Galt shrugging in California?

[grobdriver]

Atlas! Atlas!

[gthog61]

Let them eat tofu.

[jazminerose]

Shock shocked.

Keep telling DH to get the contract with the movers signed now for next fall, they will be swamped . . .

I’m taking my 2 small business with me.

The most productive are bailing, SoCal will be left with illegals & bangers.

[umgud]

CA is too big to fail. The feds will have to bail CA out.

[grobdriver]

Let them eat tofu.

Most of them already do.

I separated from the Navy at Moffett Field and couldn't get out of the state and home to Texas fast enough.

[KeyLargo]

Just the beginning nationwide when people realize that the underground economy is the way to go.

[uncitizen]

The most productive are bailing, SoCal will be left with illegals & bangers.

this is so true. In NorCal we're seeing a great exodus as well. Personally we need to hang on for at least another year up to two years before we bail. Heading south(east). Looking for the best southern states to settle in for early retirement. Tax wise and other wise. Texas is not an option. No offense to you wonderful Texans, but i just don't like the landscape. Have travelled there many times and it's fine, but to settle down we're looking for a place with more trees, lakes, mountains. Something like TN but preferably where it doesn't snow.

[Mad Dawgg]

California is now a prime example of what happens when you enter the far right of the laffer curve...

[Signalman]

More of the productive people, sick of high taxes, are leaving the state. The libs in the legislature just can’t seem to figure out how this all works.