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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (231432)	5/4/2005 1:29:22 AM
From: tejek	Read Replies (2) of 1571876

Tim, I told you those state tax evaluations are not to be taken too seriously. The Tax Foundation ranks CA 20th in its survey: Your source has it tied for 17th not really 20th. Maryland, Indiana, Kentucky, and California are all at 10.30%. Please don't do that......its anal and does not change my argument significantly. My point was that every tax survey often will have a different placement. Whether its 17th or 20th, either number is a significant difference compared to the 6th of your survey. Also CA is above the US average as a percentage of per capita income. Its well above the US average if your just measuring straight taxes per person. That isn't "starved for income". There is no question that CA is affluent. That's not the point. The point is it does not have enough income to pay its bills. CA's fiscal problems are mostly due to former Gov. Davis' vast increase in spending. No, they are not. Besides the fact that that is pure speculation on your part, CA's problems did not start with Gray Davis. You forget I lived there for a several years well before Davis was governor. Bottom line: CA does not have enough income to pay its bills It doesn't have enough income to pay its bills because its bills are too high because the government spent too much money. If that were true, then the infrastructure would not be falling apart as consistently as it is. There are some serious problems in CA.....one of which has to do with the large illegal population on which Californians have become very dependent. The cost of educating so many kids with so many different languages is huge. Plus many of them contribute little to tax revenues, sending most of their money back to their country of origin. Bottom line: CA doesn't have low tax rates. It depends on which survey you look at......most surveys show CA in the middle edging towards high. But again, its a moot point if the tax revenue is insufficient to pay its bills. ted

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