Quote:
Originally Posted by sperbonzo
Personally I don't think that they have the ability, or the will, to think in realistic economic terms.
I predict that California will vote to raise taxes on the highest earners in the state, both personal and corporate. This will cause those high earners to start to flee the state, taking their money, and the businesses, and jobs that they create, with them, and what will end up happening is that the lawmakers will actually succeed in LOWERING the states revenues.
You read it here first.
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Lets see i am a out of state property owner.
1. CA now is taking 7% of rental properties (even though house is massibe loss)
2. My property taxes went up 350 a month on top of what they already are.
Seriously how much more can this shit go up?