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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (15022)11/3/2003 5:37:40 PM
From: Original Mad Dog  Read Replies (1) | Respond to of 793597
 
Look at the chart. It's categorized. Loans are an extremely small percentage of it. Here are the categories:

Alcoholic Beverages Taxes & Fees
Corporation Tax
Cigarette Tax
Horse Racing (Pari-mutual License Fees)
Estate, Inheritance & Gift Tax
Insurance Gross Premium Tax
Trailer Coach License (In-Lieu) Fees
Motor Vehicle License (In-Lieu) Fees
Motor Vehicle Fuel Tax (Gasoline)
Motor Vehicle Fuel Tax (Diesel)
Motor Vehicle Registration
Personal Income Tax
Retail Sales and Use Tax (Realignment)
Retail Sales and Use Tax
Telecommunications Tax

Trial Court Revenues
Emergency Telephone Users Surcharge
California State University Fees
Income from Pooled Money Investments
Income from Surplus Money Investments
State Lands Royalties
Abandoned Property
Settlements & Judgments
All Other Minor Revenue


Those aren't loans. The only loan categories come in at the bottom:

Transfers & Loans (line 37)

If you net out the transfers and loans and only focus on the taxes and fees, the revenues went up by nearly the same percentage. In fact, the effect of transfers and loans if netted out leaves current year revenues above 70 billion and 1993-95 revenues at 39-45 billion. The same order of magnitude as I was talking about. Read the chart. lao.ca.gov.

You claim to be an executive. Read it. You're just making stuff up at this point.

The link you provided is to one year (2001-02) and just shows a month by month cash flow. And even it shows $66 Billion in tax revenues which have nothing to do with borrowing at all for the year 2001-02. It makes no effort to compare to the time frame (1993-95) which was the basis for your original (and false) assertion. In fact, if you look at the revenues from those sources in 1993-95 they range from $39-45 billion. Your own source says they are now $66 billion.

That's not taking in less revenue than 93-95. It's taking in a lot more.

You said: "Our [California's] total receipts are not that high, in fact I discovered recently that we are at 93-95 levels in total tax receipts now."

You're wrong. By a lot.



To: Lizzie Tudor who wrote (15022)11/3/2003 7:03:59 PM
From: Nadine Carroll  Read Replies (5) | Respond to of 793597
 
Interesting email that Sullivan quotes from his mailbox. I think that for everyone pushed to the left by Bush's style/fp, there will be someone reacting like the woman described in this email. I suspect even more than one.

"Whatever happened to the gender gap? I've always thought of my sister as a classic Democrat. Pro-abortion, actually cares about the poor and thinks that government aid is a good thing (Ah!) Voted for Clinton twice.

Problem for the Democrats is that she used to work on the 102nd floor of the World Trade center (North-south-I forget-It doesn't matter, really-no one made it down from either) She left that job in 2000, but a lot of her friends and coworkers didn't.

Needless to say, I haven't heard her complain once about Bush, and definitely said "Thank God Gore lost"
She left her six-figure job to become a teacher (classic idealism). She discovered that the Democratic education machine seems to value bureaucratic jobs a lot more than results. When Edison took over her Philadelphia school, she was all for it.

I think she will vote Republican this time. I don't know if its a national trend, but it may explain some of these numbers."


www.andrewsullivan.com