Today’s Commentary: “Activist” Legislative Analyst Promoting Billions In Tax Increases
As we start out a new week, the 120 members of the California legislature are back at work, as is Governor Schwarzenegger. I think that it is important to start off this Monday morning, frankly, right where we left off before the weekend. This year’s budget debate started out on such a positive note. Well, as positive as a budget could be if you consider that without any changes, it would be over $15 BILLION in the red.
When I say starting out on a positive note, I mean that the Governor charged hard out of the gate with a very important, and very accurate message: we have an over-spending problem. The Governor was unequivocal — that he would not raise taxes and make California taxpayers shoulder the burden for over-spending in the Capitol. He then proposed a budget that would have shaved off 10% from what might otherwise have been introduced. From our perspective, given the spending increases, this is actually a modest proposal. Yet, the yells and screams from lefties in the Capitol could be heard by dairy cows in Yolo County. Here at the FlashReport, we devoted some serious editorial space to praising our Republican Governor… Read More