Posted by Jon Fleischman at 12:00 am on Jan 10, 2008 Comments Off on Governor, Take The Take Hike Out Of The Proposed Budget
Later today, the Governor is going to unveil is proposed
2007-2008 budget. Based on the portions of his State of the
State Address from earlier in the week, it sounds like a budget
proposal that our readers will like.
Although the State of the State left us in a doubt as to the
Governor’s reasons for proposing pretty heavy cuts in state
government (we here at the FR feel that significant cuts in state
government levels would be a good thing whether the state had
enough tax income or not — because we also think that taxes are too
high in the Golden State), we are pleased that for very pragmatic
reasons, the Governor has pulled out his red pen.
In order to spend more time heaping anticipated praise on the
Governor’s proposed budget, I thought I would take a little bit of
time to focus some sharp criticism on one small part of the
Governor’s plan — a proposal to tax property insurance premiums for
every policy, residential and commerical in the state. This
proposal would increase the size of state government by over a
hundred million bucks a year, said moneys to go towards helping the
state’s efforts to fight… Read More