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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (886286)9/9/2015 11:28:31 AM
From: Wharf Rat  Read Replies (1) of 1576953
 
"one who was preceded by a Democrat"
Recalled by R's cuz he raised car registration fees. First thing Arnold did was repeal that. Second thing he did was panic, cuz he created a deficit.

Californians are paying a high price for a low car tax
Capitol Journal: Politicians ran California off the road when they cut the vehicle fee.
articles.latimes.com

"Not that its really a partisan thing, Democrats and Republicans in CA have been more statist then the national average for some time"

Raygun gave us some good gun control and clean air regs, didn't he? For that, (and a record of record tax increases) he couldn't get nominated by the R's today. You know why our per capita electricity consumprtion has been flat since Raygun was governor? He panicked after the OPEC embargo, and decided to approve the energy commission he had earlier vetoed.

Nominated today by running on his record? LOL.

The Largest State Tax Increase in History?

Taxes · March 29, 2011 · By Budget Center


According to Bruce Bartlett, who worked as a senior policy analyst in the Reagan White House, the award for the largest state tax increase proposed by a governor in U.S. history goes to his former boss. As we honor the centennial anniversary of the birth of former California Governor and President Ronald Reagan, it is only fitting to give credit where credit is due. Governor Reagan’s 1967 tax plan – equal to nearly a third of 1967-68 General Fund spending – stands as the largest state tax increase not only here in California, but for the nation as a whole. The Reagan plan, according to Bartlett, raised the top income tax rate from 7 percent to 10 percent, the sales tax rate from 3 percent to 5 percent, the cigarette tax rate from 3 cents to 10 cents per pack, the alcohol tax from $1.50 to $2 per gallon, the bank and corporate tax rate from 5.5 percent to 7 percent, and the inheritance tax rate from a range of 2 percent to 10 percent to a range of 3 percent to 15 percent.

calbudgetcenter.org
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