Democratic lawmakers say they have cut enoughObviously, they haven't.
This is what happens when you’ve got a budget that depends on the rich:
*Just 1 percent of California taxpayers are already providing 45 percent of the state’s income tax revenue, such income taxes now fund half the budget.
*The number of upper-income earners in California has shrunk by a third between 2007 and 2009. Wealthy Californians are fleeing to nearby no-income-tax states
And drive out businesses:
*The tax burden for a company to operate a business in California is 13 to 14 percent higher than the rest of the country
*In 2011, more businesses (254) quit California than the year before (202), which was a high-water mark over 2009 (51). Last year, roughly five businesses left in any given week, one more than left in each week of 2010 when the average was 3.9.
And turn a blind eye to unfettered illegal immigration from the Third World:
*California houses an estimated 25% of all of the countrys illegal immigrants. The tax paid by one legal citizen is equivalent to the taxes paid by nearly ten illegal immigrants in any given industry.
*According to a Fox News report dated January 19, 2011, immigration watch dog groups have estimated the total cost to Californias economy to be as high as $21.8 billion which would represent 87% of the propose d2011-2012 budget shortfall.
Michael Reagan couldnt have said it better:
“In less than 50 years they ruined my home state.”
Bon
Does Planned Parenthood get any state funds? Where’s this hidden.
LOL! The commie 'RATS really need to lighten up. What a bunch of dorks! When have the commie 'RATS ever been concerned about the death of a member of the unwashed masses? Hypocrites. The only "death" they're worried about is the death of the commie 'RAT party.
Not to worry. They will just cut all those unnecessary services like police, fire and public education. Works every time.
Wow, it was just a few days ago they were insisting that California would soon be awash in money from the Facebook IPO. They really have no clue.
Any corporation still remaining in the state needs its shareholders to start questioning its board of directors. Just remaining in CA is looking more and more like a violation of their fiduciary responsibilities. Like remaining in a foreign country where the government is now nationalizing similar industries.
Look at Jerry’s plan, I didn’t see any cuts to the many environmental regulatory agencies the state has.
The only thing protected from cuts is the system of boards and commissions that pay unemployed political hacks six-figure incomes while they are unemployed.
If those a******S ran their personal finances the way they run the State's, balking would not be an option!
If the funds aren't there to spend, you can't spend it.
Granted, fantasyland has different rules, but you can't ignore math and reality forever.
It is what it is.
Hint: Start looking HERE.
Well, they could issue those “Californicate Chitmans” instead of real money and not cut anything. All payments will be 70% real money and 30% in Califoricate Chitmans. Solves the problem in a good socialist way.
Democrats haven’t cut enough if they are still getting benefits including retirement. If the nine elections limiting their terms have said nothing else, it is that the people of California do not believe legislators have a career, it is just brief service.