Here's an Idea...BUDGET
So, California finds itself in another budget deficit brought about by a combination of a declining economy and increased spending. So obviously, the answer is to raise property taxes by reassessing businesses benefiting from Prop 13. In the article, the union-backed California Tax Reform Association calls assessment of business property under Prop 13 "poor fiscal and land-use policy". The gist of the article is to flog the idea for yearly property reassessments of businesses for the purposes of taxation.
Wrong-headed move my friends. This just shows the problem of the public mindset towards government spending.
The liberalists intend for you to believe the woes of a budget deficit are brought by the underpayment of taxes by businesses and, although not explicitly stated but certainly meant, those citizens in certain tax brackets. After all, it is a truism in American politics that "faceless" corporations and the "rich" are getting away with robbery. In short, the CTRA wants us to buy into the idea "not we're spending too much, it's that we're not making enough".
How many of us have fallen to that line of argument in our own personal fiscal operations? I'll raise my hand as long as you raise yours. But the first rule of mastering your personal finances is not getting a higher paying job or winning the lotto. The first rule is to control your spending.
The solution to California's fiscal problems is to spend less. Don't create additional programs. Don't allow the status quo to drain the treasury. Don't raise taxes. When there isn't any money in the checking account, don't charge up the credit card. What's true for the kitchen table budget is true for public government.
Wrong-headed move my friends. This just shows the problem of the public mindset towards government spending.
The liberalists intend for you to believe the woes of a budget deficit are brought by the underpayment of taxes by businesses and, although not explicitly stated but certainly meant, those citizens in certain tax brackets. After all, it is a truism in American politics that "faceless" corporations and the "rich" are getting away with robbery. In short, the CTRA wants us to buy into the idea "not we're spending too much, it's that we're not making enough".
How many of us have fallen to that line of argument in our own personal fiscal operations? I'll raise my hand as long as you raise yours. But the first rule of mastering your personal finances is not getting a higher paying job or winning the lotto. The first rule is to control your spending.
The solution to California's fiscal problems is to spend less. Don't create additional programs. Don't allow the status quo to drain the treasury. Don't raise taxes. When there isn't any money in the checking account, don't charge up the credit card. What's true for the kitchen table budget is true for public government.
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