They just don’t get it in Sacramento, do they? After telling them in no uncertain terms last May that we are taxed enough and won’t tolerate any more until the state gets serious about controlling spending, the Mandarins of the Golden Dome and their creatures in the Franchise Tax Board have decided to do it anyway, but by a different route. Instead of raising taxes, they’ll lower the breakpoints between rates so that, without ever getting a raise, we can qualify for a higher rate:
While Californians are still feeling the sting of income and sales tax hikes signed into law earlier this year, now comes news that state tax authorities plan to take a little more from their pockets.
For only the second time in 30 years, the tax board is lowering the point where each tax bracket begins, bumping many people into a higher category. At the same time, officials are cutting back some deductions.
Everyone will pay more, even people whose bracket or income doesn’t change.
The extra sums will total as much as $140 per family, on top of the increases previously enacted.
Bear in mind, as the cited article mentions in passing, this comes after other measures to “enhance revenues:” a deal to end last year’s budget crisis raised income taxes to nearly 10% at the top rate and sales taxes to 9.75% in many counties. Then the government decided it needed the money faster, so it decided to accelerate the rate of withholding. And now this latest move makes it a trifecta.
Think about this: the nation is in the worst recession in nearly 30 years, and California is worse off than most – state revenues are crashing and unemployment has reached 11.9 percent. (PDF) Businesses are fleeing the state to escape the high cost of doing business here – and taking jobs with them. Many who haven’t lost their jobs are facing pay cuts.
So what do these morons in Sacramento do? They decide to take even more money from the people and from businesses, money that instead could have been used to buy goods and services – and create productive jobs. Genius, sheer frakking genius!
Not ever do they even consider doing what’s truly necessary: reducing expenditures to meet revenues, lowering taxes to let more money flow into the economy, and generally removing the barriers to doing business and creating jobs. Yes, reducing expenditures to meet revenues would hurt – a lot. A lot of people dependent on state subsidies in one way or another would be hurt as the subsidies are cut off. A lot of state workers would have to be laid off and state services curtailed. It would be painful as Hell.
But because of the insane spending and borrowing binge this state has been on for more than a decade, using short-term revenues to make people reliant on promises of social nirvana but not having the means to pay for it long-term without more taxing and more borrowing, there is no other way to restore California’s economic health in the long run. Like a chronic alcoholic, it has to go cold-turkey or it will never break the habit.
But the oligarchs in Sacramento won’t do it. They have neither the desire nor the political will, after years of selling the people a social-democratic acid trip. And since they won’t do what’s required, the only thing left is a revolt at the ballot box. Off with their political heads!
We started it last May, voting down those tax-increasing ballot measures. Evidently they still don’t think we’re serious, so it’s time to show them how serious we truly are. It’s time to vote them all out of office and replace them with true representatives, men and women who understand what the state needs and what the people want – and who don’t treat the people as terrorists.
So, as the 2010 campaign approaches, talk to the candidates for the Assembly, for the State Senate, and for statewide office. All of them, of whatever party. Ask them where they stand on taxation, spending, and borrowing. Don’t accept weasel words – demand specifics. And let them know that, if they want your vote, you want their personal commitment to a break with the past and a return to sensible, sane governance.
California can’t afford any more of this madness.
LINKS: Hot Air.