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#1 (permalink) |
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Senior Contributor
Join Date: 01-27-06
Location: DPRK, Democratik People's Republik of Kalifornia
Posts: 9,365
Country:
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What to cut? What to cut?
Some of you may know that California government is all of a sudden short about $14 billion over the next 18 months. This came about because the government always projects revenue over the next x number of years and then spend at least that much money. The government believes that the economy is a constant and cannot experience a slowdown. Tax revenue, therefore, cannot decrease.
The real world is different. Economy is slowing down and affecting tax revenue. California's budget is ALWAYS made with the most optimistic tax receipt in mind. This I believe is due to the socialists in charge of California government. Ahnold is a free spending socialist. His one redeeming quality is that he absolutely refuses to raise taxes. And he's right. California has a spending problem, not a revenue problem. Our 2008 budget is $140 billion, plus/minus a few, but who's counting. Now the legislature needs to trim something from this massive government waste and they are absolutely stuck. They don't know what to cut. I figured out why. California does not have the one thing that liberal socialists like to cut from their government budget...military. I just think this is funny. As long as Ahnold can hold his line, I will continue to enjoy this socialist mess. ![]()
__________________
"Only Nixon can go to China." -- Old Vulcan proverb. |
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#3 (permalink) |
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Senior Contributor
Join Date: 01-27-06
Location: DPRK, Democratik People's Republik of Kalifornia
Posts: 9,365
Country:
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That is very true. Whenever the government needs money, they always take it from the rich. The rich end up paying a disproportionate amount. Then when there's a tax cut, they get the biggest share because they're paying the most. Democrats will then make a claim like "the rich gets a free Lexus while you get some money to by a muffler for your used car."
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#6 (permalink) | |
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Senior Contributor
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End result the hardly pay any tax at all in comparison to, say your average middle class family. I believe Warren Buffet said something about this disparity a while back. |
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#8 (permalink) | |
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Senior Contributor
Join Date: 01-27-06
Location: DPRK, Democratik People's Republik of Kalifornia
Posts: 9,365
Country:
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Quote:
The top 1% income earners pay something like 30% of all personal income tax. That means the bottom 99% pay 70% of all personal income tax. Of course not to leave the poor out, nearly all the use tax and sin tax are targetted toward the poor, including Lottery. Our government doesn't have a revenue problem. It has a spending problem. The surest way to solve a budget problem is to limit spending. We do it all the time in our daily lives. Why can't the government? |
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#11 (permalink) | |
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Foreign Service
Moderator Lei Feng Protege |
gunnut,
Quote:
bottom line (and to use a cliche) is people want to have their cake and eat it too.
__________________
Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present. -Marcus Aurelius, Meditations |
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#12 (permalink) | |
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Senior Contributor
Join Date: 01-27-06
Location: DPRK, Democratik People's Republik of Kalifornia
Posts: 9,365
Country:
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Quote:
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#13 (permalink) | |
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Foreign Service
Moderator Lei Feng Protege |
gunnut,
Quote:
republican rome was like this. not too much in the way of government services. if there was a fire, well, you better have enough money to afford the firefighters- or else you'd watch your home burn down, and eager real-estate bargain hunters on the side waiting to buy your property on the cheap. sometimes the real-estate bargain hunters would bribe the firefighters to NOT put out the fire. as a result, people still grew dependent. not on the government, persay, but on their local rich man, the boss of the area. that's why the libertarian ideal is just that, an ideal. some people are naturally more hard-working/intelligent/clever than others. as a result, they get an advantage. nothing wrong with that, but the possibility is that they will capitalize on their advantage in such a way that they tilt the table against further competition. that's how such things as dictatorships or monopolies form. |
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#14 (permalink) | |
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Senior Contributor
Join Date: 01-27-06
Location: DPRK, Democratik People's Republik of Kalifornia
Posts: 9,365
Country:
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Quote:
I'm against welfare programs. Government should do as little as possible. That doesn't mean there should be no community funded firefighting or law enforcement. These programs "promote general welfare" as specified in the constitution rather than to provide specific welfare for a particular individual under a qualifying circumstance. Government should provide postal service as specified in the constitution. It never said anything about housing insurance, FEMA, Amtrak, unemployment entitlements, food stamps, and a host of other very specific programs. Now we see the government trying to bail out people who bought houses too big for themselves and then offer nationalized health care. None of these things is anything close to "general welfare." |
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