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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (281889)	10/8/2010 10:59:32 AM
From: Think4Yourself	Read Replies (2) \| Respond to of 306849

If California were a citizen it would be living in a refrigerator box under a freeway overpass.

To: Giordano Bruno who wrote (281889)	10/8/2010 12:58:14 PM
From: Roads End	Read Replies (2) \| Respond to of 306849

Suspension of the loss carryforward!! UFB! At the end of the 2 year suspension I can already hear the howling that to let it expire would be a huge tax break to the rich.

To: Giordano Bruno who wrote (281889)	10/8/2010 1:06:29 PM
From: The Reaper	Respond to of 306849

The $87.5 billion main spending plan, part of a package of measures, passed 54 to 1 in the Assembly last night. It cleared the Senate this morning, 27 to 10. It plugs a $19.1 billion deficit by cutting spending, counting on better-than-expected tax collections and more money from the federal government. The measure also suspends some business tax breaks, and commits to selling office buildings and borrowing from existing accounts. LMAO, what did I say about fallacious assumptions? By a 55-1 vote, the Assembly also agreed to ask voters in 2012 to create a budget reserve, or rainy day fund, to be available for unforeseen expenses. It rains every f'n day in Sacramento. Where do they think they're going to get money for a budget reserve? More taxes? Purchased some supplies at Office Depot yesterday and paid 9.75% sales tax. That's on top of one of the highest personal income taxes in the country. We're leaving. CA is done. Thank god I sold my residence in 2006. The beauty of renting. C'ya