GOP Can Impose A Spending Cap NOW – By Refusing Revenue Increases Of Any Kind
It amazes me that there continue to be calls for raising taxes to resolve a state budget fiscal emergency that has been caused by OVERSPENDING. It also amazes me that hiking taxes continues to somehow be “on the table” in budget negotiations. Raising taxes in this situation should be a non-starter for two very basic reasons. The first of which is that while I admit that there is never a good time to raise taxes (Californians are already burdened with practically the highest tax burden in the entire nation), certainly hiking taxes in the middle of a recession has to be the stupidest idea I have over heard. The second reason is that raising taxes requires the votes of Republican legislators. What Republican, in their right mind, would respond to our state’s OVERSPENDING-CREATED financial mess by punishing taxpayers, and violating their pledge not to do so?
If there was ever a line-in-the-sand issue, this is it. In adverse times comes real opportunities for reform – and while many want that… Read More