Tuesday, September 16, 2008

Evidently pinchin' pennies ain't for politicians.

Greetings fellow Californians! So we still have no budget. Surprised? No? Well how 'bout this: the current proposal to curb the state deficit is to levy an advanced state tax increase of 10%, returned to us in 2010. With the 8th highest tax rate in the country and a wopping 15 B I L L I O N $ deficit...what the heck?! Ok so the government is inept, this I understand. Why not then have us, the citizens, take over and correct that which the government could not. I live in California, I love it, so sure, I have responsibilities. Seems reasonable, right? Oh, did you know that there will be no interest due to us tax payers for lending our hard earned money to the state?. The CA government gets to take our money in advance and we get nothing in return. Now, is it greedy to expect some sort of bump, something in return for bailing out our state? I don't know.

Well, consider this. The per capita personal income for CA residents is approximately 40,000$. CA is one of the wealthiest states in the country. We also have the greatest number of millionaires per capita in all of America. In addition, our state has a greater disparity between the rich and the poor than the entire USA! This illustrates that although there is such an enormity of wealth, there is a greater concentration of poor. So what's my point already?

A previous proposition to curb the state debt was to increase taxes on those earning over 321,000$ a year in an effort to prevent budget cuts to state wide services such as education. It was denied. By whom you ask? By Republicans. As the proposal was presented by Democrats and the rich majority tends to be Republican, go figure. So because of their greed, it very well may be that the scores of struggling families and everyone barely getting by on the skin of their teeth, will have less money to put food on the table with, and an even further decrease in their quality of life. And it's all because those who have more than they'll ever need and who can actually afford to, are too damn selfish to pitch in a little extra. Ah, freedom of choice at it's finest.

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