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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (60819)	2/7/2010 10:56:28 PM
From: energyplay	Read Replies (1) \| Respond to of 217615

Prop 13 is just about property taxes, which mainly effects cities and counties. California has a heavy, progressive income tax that goes to 9.3 %, and state sales tax above 7%. California state revenue per capita is about the same as New York and Massachusetts, two states with high levels of service. Year 2007 1 Alaska $5,054.87 2 Vermont $4,122.13 3 Hawaii $3,987.80 4 Wyoming $3,870.20 5 Connecticut $3,681.39 6 Minnesota $3,430.90 7 Delaware $3,371.30 8 New Jersey $3,363.73 9 New York $3,250.84 10 Massachusetts $3,195.31 11 California $3,154.06 12 North Dakota $2,795.08 13 Washington $2,743.27 14 Maine $2,722.89 15 Maryland $2,686.32 16 New Mexico $2,649.83 17 Rhode Island $2,626.49 18 Arkansas $2,611.42 19 Wisconsin $2,586.69 20 West Virginia $2,571.62 21 North Carolina $2,500.97 Projected 2010-11 Revenue is 90 billion, at 36 million people, that's $2,500 per capita. 1) California needs to cut back on expenditures, and it would help a lot if some of the 3 million illegals could be sent home. usgovinfo.about.com Some figures have the illegals costing 10 Billion per year. California also has 13% of the US population and about 30% of the welfare recipients. It could share some of these with other states. 2) California needs to increase revenue by drilling offshore oil. So California may be a broke state from lack of political will, but it can be fixed. Details - dof.ca.gov