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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (306893)	10/19/2006 2:53:21 AM
From: tejek	Read Replies (1) of 1577192

Ted, > The problem with California is that its taxes aren't high enough. More accurately, you think the taxes in California aren't high enough to deal with its unique problems. After all, why do residents of Washington State end up paying fewer taxes? Because they have less pressing problems. Yes, and that's mostly because of the choices Californians made. Proposition 13 is not as big of a drain on tax revenues as you might imagine, since in a rising real estate market, all it does is postpone the increase on property taxes to when home ownership changes hands. Yes, but it always is lagging behind. As I understand it, when it first became law, state revenues experienced a draconian cut. The state was forced to lay off workers and postpone projects. And remember home appreciation was not that great back in the early 80s......not like now. It took a long time before revenues got back to their pre Prop. 13 amounts. During that time, the state began to slide. I got there just as the slide had started. And then SFO got hit with a quake; LA had riots in the 1992, and then an quake in 1994. The pace of the slide increased. Consequently, the difference in the way the state was when I got there and when I left was the difference between night and day. I think the only thing that has saved it was its climate and unique way of life. > The other huge problem is that residents looked the other way when the illegal population began to grow......because they were addicted to cheap labor. The public cost of supporting the illegals has not been well documented but I suspect its high. I've seen an estimate of $5B a year that has been tossed around. Of course, illegal immigrant advocates contend that the estimate doesn't take into account the cost savings of having dirt cheap labor around and the benefits that are reaped from it. CNN showed a factory in GA that was manned entirely by illegals. They claimed they were being paid three times the minimum wage. I wonder how much they do save in labor costs.

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