Governor is losing credibility with his “taxes aren’t taxes” rhetoric…
It would appear that the Governor is prepared to draw a line in the sand over whether the payroll and income tax increases that he proposes as part of his government-mandated healthcare proposal are, in fact, taxes!
The plan, in an of itself, is a repudiation of a lot of rhetoric that we have heard from Arnold Schwarzenegger going back to well before his election as Governor, as he has touted himself as a strong advocate of the free-market system. You can ask any of the centers of free-market thought from around the United States — the Cato Institute, the Foundation on Economic Education, the Heritage Foundation, the Reason Foundation, the Pacific Research Institute, the Claremont Foundation, and even our friends at the Wall Street Journal — I have personally spoken with or corresponded with folks from all of these bastions of free-market thought — and they are consistent with their opposition to the Governor’s proposal.
That said, the Governor apparently seems intent to refuse to allow the tax increases that would pull in billions of dollars in coerced revenue into state coffers to actually be called taxes. Governor, we have news for… Read More