Skip to comments.Budget analyst: Tax revenue less than Jerry Brown projects
Posted on 03/17/2012 8:10:39 AM PDT by SmithL
Two days after Gov. Jerry Brown announced a compromise ballot measure to raise taxes, California's top budget analyst said today that the measure will generate $2.2 billion less next year than Brown has estimated.
The nonpartisan Legislative Analyst's Office estimated in its review of the measure that the tax increase would generate $6.8 billion in fiscal 2012-13. Brown had estimated raising some $9 billion.
The tax initiative, a compromise Wednesday between the Democratic governor and the California Federation of Teachers, would increase the state sales tax less than Brown originally proposed, but include a larger tax increase on California's highest earners.
(Excerpt) Read more at blogs.sacbee.com ...
Moved to Idaho and am the last Californian to be given an Idaho visa. Sorry the doors are closed WE ARE FULL UP, try Texas.
Too damn cold up there....no interest, even if y’all weren’t full up.
And the Democrats raise taxes to fix it..........the insane party goes on as usual without figuring it out.
“Loss of contact with reality” - there’s old Jerry.
The eastbound traffic from California is increasing. Note to Californians...Arizona is closed...we don’t want or need your liberal politics here. We have enough already in our university towns.
If I could find a job outside of California, I’d be out of here. In a flash.
Just another leftist fantasy being pushed by Moonbeam
Texas opened this California (born and raised) refugee with open arms. People here are friendly and open.
I have to admit to more than a little Schadenfreude as I watch California struggle in a trap of its own making. The more they squeeze, the bigger the problem will get.
>>Note to Californians...Arizona is closed...we dont want or need your liberal politics here.<<
The ones leaving are the ones you want: Conservatives that work hard.
“How much should I say this will raise? Hmmmm.....what’s a good number? Turn off that baseball game! Wait.....nine.....nine players.....yeah, that’s it!......nine billion! Who hid my Napoleon hat again!”
...a compromise ballot measure to raise taxes... will generate $2.2 billion less next year than Brown has estimated... The tax initiative, a compromise Wednesday between the Democratic governor and the California Federation of Teachers, would increase the state sales tax less than Brown originally proposed, but include a larger tax increase on California's highest earners.
Looks like the CFT is now the state's legislative branch.
It is indeed pretty up there....last summer was a first for us; we drove up thru SLC and into Idaho Falls via Pocatello; we’d have stopped in Pokey for our overnight if we hadn’t prebooked further north - very beautiful rolling hills.
I only gets better as you go North, as you know. I would have retired there but the Tax situation was not what I wanted. I live in Central NH so weather was not a factor.
I live in the Kalifornia desert, so weather is, bigtime.....all week it was in the mid 80's (perfecto), but last night the winds got roaring and the rain started pissing this morning and it's 59 outside this afternoon -- and I'm freezing my thin-blooded ass off.
Seriously, mine was a tax solution. NH has some very favorable laws and you don't want to give your savings to the gov when you croak. Neither Idaho or Wyoming have these advantages.
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.