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Schwarzenegger's legacy sounds familiar...
http://www.x404.co.uk/forum/viewtopic.php?f=3&t=11920		 Page 1 of 1
Author:  pcernie [ Sun Dec 26, 2010 3:51 pm ]
Post subject:  Schwarzenegger's legacy sounds familiar...
http://www.mercurynews.com/breaking-new ... ck_check=1

Quote:
"He tried to cut taxes. He cut spending. He raised taxes. He raised spending. He had a Democratic chief of staff and Republican chief of staff. He went at it every way he could. And none of it worked. He proved that the system is broken. That's his legacy. He proved that we have to change the system."


I think that's what we've had and what we can expect more of...
Author:  Amnesia10 [ Sun Dec 26, 2010 11:43 pm ]
Post subject:  Re: Schwarzenegger's legacy sounds familiar...
California has a bizarre tax code. It means that house holder who stay in their homes for decades pay significantly less in property taxes than a new neighbour. Imagine that here. Where new people to an area pay significantly more in property taxes than their neighbours. It makes tax increases impossible so they are dumped on new homes instead. Add in the fact that tax increases are next to impossible to push through. It makes balancing the books much harder.
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