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Thanks to the GOP demand for the continuation of tax relief, Californians will save an extra $3 billion in State taxes!
Of course, that means the deficit goes up to over $28 billion--and growing.
"The incoming governor said California's budget deficit could grow another $3 billion to $28 billion because of possible changes to the federal estate tax. Temporary tax hikes are also about to expire and federal stimulus money has dried up.
With Californians weary of new taxes and Brown hesitant to borrow more, finance experts warn budget shell games aren't going to work anymore.
"I apologize for being the town grouch about these matters, but lose the gimmicks," State Treasurer Bill Lockyer said."
Arnold has given us over $165 billion in deficits, protection of monopoly unions and illegal aliens, AB 32. We should be glad California is only in a Depression.
Oh, Jerry Brown is talking about giving us a special election, to raise taxes, in June. See story here.
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Of course, that means the deficit goes up to over $28 billion--and growing.
"The incoming governor said California's budget deficit could grow another $3 billion to $28 billion because of possible changes to the federal estate tax. Temporary tax hikes are also about to expire and federal stimulus money has dried up.
With Californians weary of new taxes and Brown hesitant to borrow more, finance experts warn budget shell games aren't going to work anymore.
"I apologize for being the town grouch about these matters, but lose the gimmicks," State Treasurer Bill Lockyer said."
Arnold has given us over $165 billion in deficits, protection of monopoly unions and illegal aliens, AB 32. We should be glad California is only in a Depression.
Oh, Jerry Brown is talking about giving us a special election, to raise taxes, in June. See story here.
More...