Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (231453)	5/4/2005 1:31:54 PM
From: TimF	Read Replies (1) of 1571927

CA's problems did not start with Gray Davis. You forget I lived there for a several years well before Davis was governor. If they started before he was governor than it was particuarly stupid for him to increase spending by such a great amount. 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. Infrastructure is far from the only thing CA spends money on. Also spending on infrastructure isn't automatically effcient effective spending on infrastructure. 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. No survey shows CA with low tax rates. They range from just above middle to one of the highest, but "just above middle" isn't low. But again, its a moot point if the tax revenue is insufficient to pay its bills. Not having enough to "pay the bills" doesn't mean that tax income is low, in CA's case it means the bills are too high. pacificresearch.org townhall.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next