Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (482676)	5/22/2009 12:28:43 AM
From: Joe NYC	1 Recommendation Read Replies (1) \| Respond to of 1574320

The state has been on revenue starvation diet for 30 years. There are many people in CA still paying 1980 property taxes. California tax revenue is 8% above the US average. taxpolicycenter.org That seems like a reasonable rate of taxation and revenue. Do you know what that does to your revenue stream? But keep talking about unions.....it makes for an interesting sound byte. If taxation is not a problem, and the state is near bankruptcy, the problem is with spending. And spending is where the unions are. Your recent post on unionization uptick in California just means that the state is heading to even deeper trouble. Joe