SI
SI
discoversearch

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.
Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (59466)3/12/2004 1:34:12 AM
From: QwikSand  Read Replies (1) | Respond to of 64865
 
During the California recall election, Buffett was on Candidate Ahnold's economic advisory committee. When Buffett wrote a very clear, accessible Op-ed piece in the L.A. Times about how screwed up California property taxes are ("a young couple who buys a house for $300,000 in California today has been selected to subsidize me, a billionaire, with higher property taxes than I pay on multimillion-dollar Orange County mansion"), Candidate Ahnold told him to shut up and "do 500 situps". Ahnold flashed the little space between his front teeth as he said this, to indicate he "vas only choking". Buffett, however, wasn't heard from again until after the campaign was over. The populace understood the choke, and elected Ahnold Governor so he could "fix the problem" by borrowing $15B in their name while they went about the business of subsidizing Warren Buffett.

No biz like show biz.

--QS



To: Lizzie Tudor who wrote (59466)3/12/2004 1:38:33 AM
From: miraje  Read Replies (1) | Respond to of 64865
 
california is a unique situation and I'm tired of conservatives using it as some sort of whipping boy for liberal tax policy

Whop the dead horse all you want, but the fact remains that CA is ranked #1 by a large margin in total state taxes collected and #8 in total taxes per capita:

census.gov

Add in one of the nations worst regulatory climates and the nutty policies that the anti-business goofball lefties who dominate the state legislature keep enacting and you get the ongoing exodus of jobs that you keep complaining about. I would never consider starting or relocating a business in CA unless things changed dramatically.

You can keep squawking about Bush and "outsourcing" until the cows come home, but the fact remains that CA has screwed itself. That's a fact. Deal with it...

BTW, it's too damn bad that McClintok is a social conservative, because on the fiscal side of the ledger, the dude is right on...



To: Lizzie Tudor who wrote (59466)3/12/2004 6:52:49 AM
From: steve harris  Read Replies (1) | Respond to of 64865
 
Lizzie,
I agree with James.
California is screwing itself.

When was the last time you built an electrical generating plant in California?

How much oil and gas is sitting on your ocean shelf?

Instead of having different opinions on the same problem, it appears we are focusing on different problems in which we think California is screwed up.
Steve