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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (445200)8/19/2003 5:10:51 PM
From: miraje  Read Replies (3) | Respond to of 769670
 
a plan he (Bustamante) called ``tough love''

LMAO!!! More like "tough sh*t", for CA taxpayers. Will the last business to depart CA please turn out the lights??

Bustamante, a Democrat, would raise income taxes on the wealthiest Californians to 11 percent from 9.3 percent

That's a great way to attract and/or retain business.

more frequently assess the value of commercial property for tax purposes,

Ditto.

Bustamante said he would raise the tax on cigarettes by $1.50 from the current 87 cents per pack

Cigarette smugglers will love that.

increase the levy on alcoholic beverages by 25 cents a gallon,

You can't smoke in a CA bar now. Looks like you won't be able to afford a drink, soon.

Under Bustamante's plan, the fee would only rise for automobiles worth more than $20,000.

Great!! Make it less affordable for people to buy new cars (which pollute substantially less than older ones).

$2 billion saved by requiring companies to pay for health care coverage for all their workers.

And that's on top of the already crippling level of workers comp tax burden on business.

Yet not a word from Bustamante about the bloated state bureaucracy and overpaid, parasitic public employee unions and all the numerous freebies doled out to illegals at taxpayer expense. Watching CA's fiscal implosion should be a valuable lesson to the rest of the country...