Instead Of Waiting For Tax Hikes To Fail This Fall, Democrats Should Embrace Billions In Savings Outlined By CalTax
When the economy is hurting, it means that most people are having a tough go of it. Families who are managing tight budgets are doing everything they can to make every dollar stretch further. Of course, as we know, when California residents are less prosperous, that adversely effects the amount of taxes generated for government use. If your income is less (or nonexistent), that means you are paying less (or no) income taxes. If you have less money to spend on buying things, then you are generating less sales tax. It’s not a difficult situation to figure out. It falls on the shoulders of our state’s policymakers — the Governor and 120 state legislators, to address the consequences of shrinking tax revenues. But as we have seen in a state budget calamity that has been going on for year, Democrat politicians in California have been unwilling to implement billions of dollars in savings — even when those savings have been laid out in front of them, providing an actual road map towards saving vast sums of taxpayer funds.
We have seen recommendations in the form of findings from state audits, reports from grand juries, recommendations from the… Read More