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


To: Thomas A Watson who wrote (451311)9/1/2003 6:21:48 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 769667
 
Thomas,

But people suggesting a default is also and idiot identification event cue.

I am sure you had some sort of cohesive thought when you wrote this.

Re: taxes,
Now the cost of doing business in CA is driving companies to relocate.

It sounds like you mean taxes when you refer to "the cost of doing business". CA is a moderate tax state. The proplem we have, is that we are an unfair tax system, based on the whims and fancy of an immature voting populace, so new businesses and businesses in certain industries (alcohol for example) are taxed as a way to offset voter's tax burdens. That is really the issue here.

For example, my former absentee landlord, rented a house to me for over $3K/month which she had owned for 30+ years. She paid about $740/yr property taxes on that house. I was living there, using all the services police, fire etc. which of course cost more than $740/yr to provide for 4 or more people living in a house. She voted to "freeze" her taxes years ago and in effect this tax decision made her rich. But CA must raise taxes elsewhere to compensate for these freeloaders, locally the wine industry for example gets it up the wazoo. If CA just had a FAIR tax system, that did not allow freeloaders, business would be much better off.

Study: California ranks 19th in nation regarding tax burden

"There is a perception that California is a high tax-and-spend state," said Arturo Perez, an analyst with the National Conference of State Legislatures in Denver. "It is above average. But it is far from having the highest rate of taxation."
sfgate.com