2003-11-18

Idiots!

2003-11-18 06:48 am
mdlbear: blue fractal bear with text "since 2002" (Default)
So the first thing California's new governor does is increase our already-astronomical deficit by "repealing the car tax increase".

What nobody seems to be mentioning is that the law that cut the car tax by 2/3 was passed (under a Republican governor, IIRC) back when the state had a massive budget surplus. The legislature very sensibly provided that the cut could be rolled back if the surplus disappeared, which of course it did. That "tripling" was just the previous 2/3 cut going away, and the tax going back to the level it was at before.

Meanwhile, our annual budget deficit is now something like $20G. Sorry, Arnie, there may be some fat in the budget, but not that much.

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