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Golden State on road to Greece, by way of Detroit
The Orange County Register ^ | 2-17-2012 | Orange County Register editorial boarad

Posted on 02/17/2012 1:23:10 PM PST by landsbaum

California's tax burden, according to the Tax Foundation, is heavy. The Register reported that per-person state and local taxes, fees, licenses and "intergovernmental revenue" amount to $8,634, ranking California 13th-highest among the states. California businesses fare worse, the Tax Foundation said, ranking 48th in tax climate, based on corporate, income, sales, property and unemployment insurance taxes.

What's unsaid is the effect on individuals of extremely high corporate taxes. Companies not driven out of state or out of business are less likely to hire or expand, more likely to contract and struggle to provide for current employees...

(Excerpt) Read more at ocregister.com ...


TOPICS: Business/Economy; Editorial; Government; US: California
KEYWORDS: bankruptcy; deficits; economy; taxandspend

1 posted on 02/17/2012 1:23:20 PM PST by landsbaum
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To: landsbaum

And let us all remember what liberal companies from liberal states do to your warranties when their companies finally go bankrupt and you are forced to pay.

Can you say “GM”?


2 posted on 02/17/2012 1:26:58 PM PST by Da Coyote
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To: landsbaum
Golden State on road to Greece, by way of Detroit

With a u-turn in Cleveland!



Where there's a shell, there's a way.

25 years ago, we had Ronald Reagan, Johnny Cash, and Bob Hope.
Today we have Obama, no cash, and no hope!

If you can't appreciate the pure beauty of the violin after hearing this, something's wrong with your ears.

Or you can get raw with these strings.

How about this gamechanger from America's Got Talent (which they SHOULD have won).

And finally, this, dedicated to the one and only rdb2, whose eyes are growing dim.

Either way, the violin is sweet yet LETHAL.

Do it!

3 posted on 02/17/2012 2:48:15 PM PST by rdb3 (><>The mouth is the exhaust pipe of the heart. (BEWARE OF THE LAMB!))
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To: landsbaum

as planned by the leftists


4 posted on 02/17/2012 3:15:15 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: landsbaum

This is what leftists WANT.

Become Detroit, become Greece. Revolt. Blame capitalism. become North Korea.


5 posted on 02/17/2012 3:16:34 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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