Pass a Spending Cap to Maximize Taxpayer Dollars
Albert Einstein defines “insanity” as doing the same thing over and over again and expecting a different result. Well, it’s the same old thing with California government – spending beyond our means and raising taxes – and it’s not working.
California’s taxes are some of the highest in the nation. We have the highest sales taxes. We have the highest gas taxes. Our personal income taxes are the third-highest in the nation. What’s worse, the Governor now wants to increase your taxes by more than $50 billion.
The problem is we already extended these tax increases two years ago. I said then raising taxes would not work to fix our economy and it hasn’t – things are worse now than they were then. The fact is, we’re not in this budget mess because we’re taxed too little; it’s because we’re taxed too much.
Every year, California government continues to overspend and then reaches into the pockets of hardworking taxpayers when it runs out of cash. To get us out of this budget crisis, we need to come up with meaningful reforms and ensure we do not raise taxes on over-burdened… Read More