It has just come out that the deficit for California has skyrocketed up to a staggering $16 billion under Gov. Jerry Brown. A much larger number than the governor had talked about last month, saying that it would probably go up to $9.2 billion.
Brown is saying that cuts alone wont solve this problem, even though cuts have been blocked by federal requirements. And he is saying that what they must do to solve the states increasing deficit, is to raise taxes on wealthy and other. He is making a plea to the people of the state to support his plan, since his plan weighs heavily on the shoulders of the voters approving higher taxes.
The governor is claiming that raising taxes would help pull the state out of its deep dive that started about a decade ago. He is saying that if taxes are not increased, then public schools, colleges and public safety would suffer deep cuts.
What we are seeing in California is the direct results of failed liberal policies that are killing states that are ruled by them. A perfect state to look to is Michigan where they have been suffering for years under liberals, but recently changed and elected conservatives that are now bringing their state back.
The same thing is happening to California. It’s the same doom and gloom speech, if you don’t raise taxes and do what I say than you will suffer. Under Browns tax plan, there would be a temporary raise of the states sales tax by a quarter cent, and increase the income tax on people who make $250,000 or more. This plan sounds a good bit like what Pres. Obama and other democrats would like to do.
The few republican legislators that are in California, are trying to fight the tax hikes that the governor is proposing. Trying to get it across that this plan would hurt the states recovery.
Most likely California voters will vote for the tax hikes since the governor is threatening that immediate cuts would be made if they didn’t vote for it. But there could be the possibility that the voters will wake up by then.
So keep an eye on the state of California, as it is becoming the next Michigan and just like the wolverine state, this will be the plan for the rest of the country.
And just like Michigan, people and business’ have been leaving the state in reportedly large numbers. Mostly going to more business friendly states like Texas.
Just to note, it is being predicted by some that California will go heavily for Pres. Obama. Because some believe that if he wins re-election that he will give the state a bailout.
Related articles
- California Deficit Has Soars to $16 Billion – Governor Pushes Tax Hikes (Video) (thegatewaypundit.com)
- California budget deficit just a little higher than previous projection (michellemalkin.com)
- Unexpectedly! Gov. Jerry Brown Says California Facing Higher-than-expected $16 Billion Budget Shortf… (pjmedia.com)
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