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mdlbearSo 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.
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.
If you're cynical, what does that make me?
Date: 2003-11-18 09:44 am (UTC)