Today’s Commentary: The Budget Dilemma – What Now (Assuming You Didn’t Pack A Toothbrush)
California’s Democrat legislators must be salivating. To be so close to redistributing another roughly $1400 per family straight out of their budgets and into the state budget must be tantalizing to them – because, as everyone knows, politicians in Sacramento know how best to spend the money earned by working Californians, right? Never mind that we are in the middle of very difficult economic times, when raising taxes by this massive amount with be the deciding factor on why some California businesses close, why jobs are lost, why houses go into foreclosure, and more.
Fortunately for California taxpayers, Republican lawmakers get it. They understand that there is never a good time to raise taxes, and that there are certainly worse times to do so – and this is one of those times. The drive that Democrat lawmakers, and Governor Schwarzenegger, and a handful of GOPers have to pass this Big 5/Big Taxes budget plan that notoriously contains over $14 billion in new taxes on cars and car registrations, as well as sales and income taxes is amazing.
Last night, as he adjourned the State Senate until 10am this morning, State Senate President Darrell Steinberg… Read More