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To: sickoflibs
Those Californians sure LOVE to be taxed

Over the past ten years, approximately five million people have moved away from the state of California. The ones who remain love to be taxed ,

8 posted on 12/13/2018 4:29:42 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you .)
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To: Vaquero
Over the past ten years, approximately five million people have moved away from the state of California. The ones who remain love to be taxed

The state is already past the tipping point where the demands of the moochers are higher than what the taxpayers can contribute.

The state goes into debt borrowing money to give away.

It's estimated that the state and local governments already have over $2 trillion dollars of debt.

That is almost as much as the total annual state GSP (State GDP).

And the high taxes the government collects don't go to debt reduction or infrastucture renewal - they go to social welfare programs and government retirement obligations.

It's an economic time-bomb almost ready to detonate.

https://www.forbes.com/sites/thomasdelbeccaro/2018/04/19/the-top-four-reasons-california-is-unsustainable/#7c876513a239


25 posted on 12/13/2018 5:20:07 AM PST by Vlad The Inhaler (Yes Dorothy, Windows 10 sucks even in Kansas!)
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