Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Exodus: California Tax Revenue Plunges by 22%
Breitbart ^ | 3/13/12 | Chriss W. Street

Posted on 03/13/2012 7:41:31 PM PDT by Nachum

State Controller John Chaing continues to uphold the California Great Seal Motto of “Eureka”, i.e., 'I have found it'. But what Chaing is finding as Controller is that California’s economy as measured by tax revenues is still tanking. Compared to last year, State tax collections for February shriveled by $1.2 billion or 22%. The deterioration is more than double the shocking $535 million reported decline for last month. The cumulative fiscal year decline is $6.1 billion or down 11% versus this period in 2011. (snip) California politicians seem delusional in their continued delusion that high taxes have not savaged

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


TOPICS: Government; News/Current Events; US: California
KEYWORDS: california; exodus; revenue; tax; taxes
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-93 next last
To: JmyBryan
There is some fracking activity in Browniefornia. So far, Brown has been reluctant to call for regulation. I'm sure the lefties will begin the howling soon.
41 posted on 03/13/2012 8:21:43 PM PDT by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
[ Post Reply | Private Reply | To 35 | View Replies]

To: Nachum

Haha! I love it!


42 posted on 03/13/2012 8:24:44 PM PDT by MNDude
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

But...but..”We’re in a recovery”, shouts Obama...ergo tax revenues must be increasing. /s


43 posted on 03/13/2012 8:25:26 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: dragnet2

“I hope ya took some friends with ya. The less traffic/people here, the better I like it!”

Damned straight! California was a great place to grow up in in the 1950’s and 1960’s .Reason: No people! Once the government crashes, things will start back toward the way it used to be. The illegals will leave when there are no lawns to mow and no welfare to tide them over.

P.S. Used to have to go to Memphis one week out of every six to manage an operation my company had there. Nice people, but the weather is the $hits. CA would have to get a whole lot worse to cause me to think about leaving, At it’s worst, it’s still light years ahead of any other place in the US, and possibly the world.


44 posted on 03/13/2012 8:25:51 PM PDT by vette6387
[ Post Reply | Private Reply | To 25 | View Replies]

To: ncalburt

Please, bribe them more...You’ll love everything that comes with it!


45 posted on 03/13/2012 8:26:21 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 39 | View Replies]

To: vette6387

You bet.

If I could make 10,000,000 move out of state tomorrow, I’d do it in a minute, and be at the border waving, urging them to take send for their relatives.


46 posted on 03/13/2012 8:28:25 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 44 | View Replies]

To: dragnet2

I didn’t say they were American mexican. They were NOT citizens. Tenn weather is great. 4 seasons and good dirt to grow a garden in. Calif desert would only grow sand. Crappy soil and weather.


47 posted on 03/13/2012 8:28:59 PM PDT by Crazy ole coot (Mr. obama and Sen. Rubio are NOT Natural Born Citizens.)
[ Post Reply | Private Reply | To 34 | View Replies]

To: sickoflibs
My cousin and her husband inherited some money, retired early, and got the hell out of CA. Nothing but bad in CA’s future,

And they got to keep it? I inherited some money from an uncle in CA, and the state of CA tried to keep a percentage of it! Even though I had never lived or worked in CA. And it was after the estate had paid the death tax. It took 4 months after filing CA tax forms, and even though I was assured by the tax preparer that I owed CA nothing, they still kept about $20, and the preparer said not to bother trying to get it.

Mark

48 posted on 03/13/2012 8:31:57 PM PDT by MarkL (Do I really look like a guy with a plan?)
[ Post Reply | Private Reply | To 4 | View Replies]

To: vette6387

It is. You’ll see over 100,000 military culled shortly. It’s already on the books.


49 posted on 03/13/2012 8:32:46 PM PDT by gogogodzilla (Live free or die!)
[ Post Reply | Private Reply | To 36 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Nachum.


50 posted on 03/13/2012 8:32:56 PM PDT by SunkenCiv (I come to bury Caesar, not to praise him)
[ Post Reply | Private Reply | View Replies]

To: shelterguy; Jane Long
”As it suffers through a ravaging financial crisis, the nation’s most populous county spends well over half a billion dollars annually just to provide illegal immigrants with welfare food stamps..."

I was in a Safeway grocery store a few days ago and saw a pregnant Mexican-looking woman (not American Hispanic) thumbing through a book of food stamps. They were the old-fashioned paper food stamps with a picture of the Liberty Bell on them. She had a couple of kids and an older male (husband?) with her.

51 posted on 03/13/2012 8:33:22 PM PDT by thecodont
[ Post Reply | Private Reply | To 9 | View Replies]

To: Crazy ole coot
Tenn weather is great.

Hehehehe...Thanks for that bit of humor.

BTW, CA soil is so crappy, it feeds half the country, and rakes in hundreds of billions.

In fact, my tomato and strawberry plants are loaded now, orange trees full...

Good luck with those 4 seasons...I'll just tough it out with this world class, year round, Mediterranean style weather.

52 posted on 03/13/2012 8:34:59 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 47 | View Replies]

To: Nachum

I am waiting for my Tax-refund.


53 posted on 03/13/2012 8:35:42 PM PDT by jennychase
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum
Sadly I predict that Obama will just Bail Out Kalifornia with Tax Payer Dollars.
54 posted on 03/13/2012 8:37:44 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mad Dawgg
The only thing Obama will bail out would be the state government...Nice President ya got there.

Lets hope he don't, so we can watch the overpaid, bloated unionized state government workers go broke..

I suggest they move to Tennessee or Texas!

55 posted on 03/13/2012 8:39:53 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 54 | View Replies]

To: rbg81

“In 50 years, CA will resemble a Mexican version of Detroit. Heck, it may not even take that long.”

If things keep goin’ the way they’re goin’, might actually take about 10-15 years, if that long.

Assuming tax revenues -continue- to fall at, let’s say, a rate of 9-14% each year, how long until they simply dry up and disappear?


56 posted on 03/13/2012 8:40:46 PM PDT by Road Glide
[ Post Reply | Private Reply | To 13 | View Replies]

To: MarkL

I miss-used the word inherit. Sorry,

Her parents are still alive and they set it up so CA cant steal it. They fled CA while her parents are still alive.


57 posted on 03/13/2012 8:41:32 PM PDT by sickoflibs (Obama : "I will just make insurance companies give you health care for 'free, What Mandates??' ")
[ Post Reply | Private Reply | To 48 | View Replies]

To: dragnet2

I lived about 40 miles N. of the Mexican border. The only things that would grow was hay, onions and beets. Then they had to truck in the soil for them.

Sorry you are “stuck” in KKK “Kominest Kountry of Kalifornia”.


58 posted on 03/13/2012 8:42:24 PM PDT by Crazy ole coot (Mr. obama and Sen. Rubio are NOT Natural Born Citizens.)
[ Post Reply | Private Reply | To 52 | View Replies]

To: Road Glide

Ya need to update yourself...It’s estimated 400,000 illegals have left CA and went back to Mehico and places like Texas!

Trust me, a bad economy has it pluses!


59 posted on 03/13/2012 8:42:49 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 56 | View Replies]

To: dragnet2

I lived about 40 miles N. of the Mexican border. The only things that would grow was hay, onions and beets. Then they had to truck in the soil for them.

Sorry you are “stuck” in KKK “Kominest Kountry of Kalifornia”.

And you can keep the earthquakes too. I’ve had enough of them ..... 7.0 on Easter a couple of years ago, 9.2 1964 Alaska. At least I can hide from bad weather, where you gonna go for an earthquake??


60 posted on 03/13/2012 8:44:15 PM PDT by Crazy ole coot (Mr. obama and Sen. Rubio are NOT Natural Born Citizens.)
[ Post Reply | Private Reply | To 52 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081-93 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson