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Thread: Good news, California: Surplus is $2.4 billion

  1. #101
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    Re: Good news, California: Surplus is $2.4 billion

    QUOTE clownboy;

    Did you read the OP?
    Yes.I am the one that posted it.


    Yet another super special emergency tax, which btw they have no intentions of cancelling now that the super emergency is done.
    the tax pulled the state outta its death spiral thank,s to Gov Brown.

    And if you thought they might just use that surplus to pay down their debt, nope, same OP says they're giving all that and a few million more to education
    .

    Whats wrong with education?


    Effectively saying they don't have a surplus, but a debt after all.
    Inspite of that the states credit rating has been upgraded.Amazing isn't it?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by Donc View Post
    Yet you would forsake Calyfornia for "cool to places like texas, colorado and arizona"inspite of the fact that they have a lower average pay rate then Calyfornia.
    First of all you appear to have misread my quote-I said leaving like its cool.
    And the fact that things like lower costs of living, real estate values, state income tax, sales tax etc matter seems to escape you. Econ 101, you should consider it.

  3. #103
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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by clownboy View Post
    Cost of living is also way less, so you come out good. AND you don't get hit with super fun emergency taxes that last forever after.


    In this case two outta three is bad. The only comparable is "Colorado".But i,ll say that Calyfornia is better because i can ski Bear Mountain and cruse off the coast on Bro,s boat on the same day.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by US Conservative View Post
    First of all you appear to have misread my quote-I said leaving like its cool.
    And the fact that things like lower costs of living, real estate values, state income tax, sales tax etc matter seems to escape you. Econ 101, you should consider it.

    state income tax, sales tax

    Whatever floats yer boat.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by Donc View Post
    Whatever floats yer boat.
    Basic economic principles float my boat.

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    Re: Good news, California: Surplus is $2.4 billion

    I've been watching the political machine in Sacramento for over forty years now. Here is how it works during the past couple of decades.

    The Democrats in the State Legislature always spend more money than there is in the state's tax coffers.

    They always turn to the stupid gullible people of California and say we need more money, it's for the children, we have to raise taxes. And the stupid people of California believe the Democrats thinking it's for the children but it's not.

    The Democrats get their new taxes and they repeat spending more money than the state has and again the Democrats turn to the stupid people in California and tell them they need more money for the children and they must raise taxes. And the stupid people again believe the Democrats.

    Over and over and over it goes.

    That last increase in the sales tax and huge state income tax increase on a minority of the taxpayers, where did that money go ? Not to the children in schools but to the teachers union retirement fund and to give a pay raise to all of the union state workers.

    That surplus, it's already being spent. And soon Sacramento will be calling for new taxes and saying it's for the children.

    Jerry Brown has a track record of playing a shell game, he moves money around.

    Back when Jerry Brown was Governor during the late 70's and 80's, California had the best roads and highways in America. The tax coffers was getting low and Jerry Brown came up with an idea to get himself reelected. He needed to come up with a surplus. What he did was take the California gasoline tax that was solely used for maintaining California's roads, highways and bridges and had that money moved into the state's general fund. Then he told the gullible Californians look at my surplus. But look at California's state highways, roads and bridges today in California, some of the worse in the country.

    Watch what's next of the Democrats agenda, they are going to go after Prop 13.

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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by Donc View Post


    In this case two outta three is bad. The only comparable is "Colorado".But i,ll say that Calyfornia is better because i can ski Bear Mountain and cruse off the coast on Bro,s boat on the same day.
    So true.
    And when the inland valley's swelter in the summer, the cool coast is only an hour or so away.
    Despite this horrible balanced budget problem, I'm not leaving.
    No matter how cynical I become toward politicians, it's never enough.

  8. #108
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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by APACHERAT View Post
    I've been watching the political machine in Sacramento for over forty years now.

    Watch what's next of the Democrats agenda, they are going to go after Prop 13.
    Repubs have been crying wolf about THAT for 35 years.
    No matter how cynical I become toward politicians, it's never enough.

  9. #109
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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by radioman View Post
    Repubs have been crying wolf about THAT for 35 years.

    Shhhh…don’t tell those that have their head stuck in the desert sand but when gipper(Reagan) was the guv, and inherited a budget deficit from the previous administration; you ask what the gipper did?

    He did what any red blooded conservative would do in that situation…10-percent reduction in state spending. In other words, austerity. OF COURSE.

    You would not hear a peep that the Sainted Gipper was pushing for the mother of all tax (highly progressive) increases after that year though. Within that year, and with the help of the Dems in the state legislature managed to squirt out at what that time was the highest tax increase in the history of California, or of any other state for that matter.

    Naturally, when the highly progressive tax increase produced a budget surplus, he did what any red blooded conservative would do in that situation.He attributed it to his managerial skill.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Good news, California: Surplus is $2.4 billion

    Quote Originally Posted by Donc View Post
    Shhhh…don’t tell those that have their head stuck in the desert sand but when gipper(Reagan) was the guv, and inherited a budget deficit from the previous administration; you ask what the gipper did?

    :
    Fact is, Reagan was a pragmatist.
    Fact is, he did what he needed to do to pull Cali out of the red.
    Just like Jerry Brown.
    No matter how cynical I become toward politicians, it's never enough.

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