California Needs a Fiscal Makeover
Well, the time has come. Gas prices are hitting and exceeding $4 a gallon, and even the ARCO stations that are cheaper than others are going to $4 or more per gallon of unleaded plus.
This morning on the radio I heard that Governor Arnold is trying to borrow against the lottery sales for the budget deficit. What happened to him? I thought he was going to fix the state, or at least not put it in a worse situation.
Then I heard that the politicians are calling for higher taxes instead - and proposing to increase it 1% more. Hello! We already pay 8.25% in taxes. If I’m going to start paying 9.25% in taxes I’m going to make plans to move out of this state. It is ridiculous. How does Texas survive with no sales taxes? And why can’t California do the same thing?
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