Why is CA so far in debt? - GoFuckYourself.com

HDADULT · 11-18-2009, 12:09 PM

It is now at 21 Billion and CA has the wealthiest people in the nation. What does that debt comprise of? How will it turn around? Just sayin...

DanielS · 11-18-2009, 12:15 PM

I think they spend so much time surfing on the beach

and the 'richiest' people is always who are more in debt. They just don't want to pay taxes. That happens not only in CA, but everywhere in the world where's some wealthy people.

CosmicTang · 11-18-2009, 12:16 PM

Maybe we could stop voting in favor of propositions for all these wonderful programs and toys that cost billions of dollars without any reasonable plan for how to pay for them. That would be a start.

Sly · 11-18-2009, 12:17 PM

Quote:

Originally Posted by CosmicTang

Maybe we could stop voting in favor of propositions for all these wonderful programs and toys that cost billions of dollars without any reasonable plan for how to pay for them. That would be a start.

I thought money grows on trees?

woj · 11-18-2009, 12:20 PM

same reason why everyone else is in debt:
they spend more than they make

Iron Fist · 11-18-2009, 12:22 PM

Called tax loopholes... the rich get richer... the poor get poorer.... yeah that little problem.

_Richard_ · 11-18-2009, 12:22 PM

someones gotta pay for hollywood

HDADULT · 11-18-2009, 12:24 PM

Quote:

Originally Posted by woj

same reason why everyone else is in debt:
they spend more than they make

So there is an IOU somewhere, so what is it for?

art914 · 11-18-2009, 12:27 PM

someone order CA a printing press like the one the fed reserve has

Horny Dude · 11-18-2009, 12:47 PM

The real estate market tanked. California lives and dies on property tax. They made so many bets on the housing market to keep going up. Now that the housing market has fallen flat it leaves a big hole for California.

Another thing is the teachers union and the prison guard unions have California by the balls. Prison guards make insane amount of money on overtime. Soon as they heard we were going to outsource some prisoners to out of state jails they lobbied the fuck out of the government to put a stop to that.

Oh and lets not forget about our neighbor to the south. When an illegal comes across the border and gets hurt or has an illness who do you think pays for the medical care, WE DO! You think Mexico ponies up any money? Or what about all the social services paid out to illegals, you think Mexico chips in. Then when the government tries to crack down on illegals getting state funded welfare, you get all kinds of people crying that we are striping away rights.

California has it bad!

Jimmy Rock · 11-18-2009, 12:51 PM

Quote:

Originally Posted by Sly

I thought money grows on trees?

no plants, Pot Plants

baddog · 11-18-2009, 02:43 PM

Illegal aliens
Democrats / liberals

pornlaw · 11-18-2009, 02:44 PM

http://en.wikipedia.org/wiki/Prop_13

"The proposition's passage resulted in a cap on property tax rates in the state, reducing them by an average of 57%."

You cant cut taxes and cap them and expect to meet the budget every year.

I paid less property taxes on a million dollar home in Cali then my brother did in NJ on a $325,000 house.

clicker · 11-18-2009, 03:58 PM

Quote:

Originally Posted by pornlaw

http://en.wikipedia.org/wiki/Prop_13

"The proposition's passage resulted in a cap on property tax rates in the state, reducing them by an average of 57%."

You cant cut taxes and cap them and expect to meet the budget every year.

I paid less property taxes on a million dollar home in Cali then my brother did in NJ on a $325,000 house.

Thats a hard hit on real estate if there is no incentives to move property.

L-Pink · 11-18-2009, 04:13 PM

Quote:

Originally Posted by woj

same reason why everyone else is in debt:
they spend more than they make

That sure sums it up ... Why is it so simple but hard to understand?

.

Penthouse Tony · 11-18-2009, 04:16 PM

Quote:

Originally Posted by CosmicTang

Maybe we could stop voting in favor of propositions for all these wonderful programs and toys that cost billions of dollars without any reasonable plan for how to pay for them. That would be a start.

Still waiting on a high speed railway from San Francisco to LA to be built. We are also funding research in embryonic stem cells since the Feds didn't want to do it.

frostyimpressions · 11-18-2009, 04:18 PM

Because we haven't legalized pot already. Soon hopefully.

Penthouse Tony · 11-18-2009, 04:19 PM

Quote:

Originally Posted by DanielS

I think they spend so much time surfing on the beach

and the 'richiest' people is always who are more in debt. They just don't want to pay taxes. That happens not only in CA, but everywhere in the world where's some wealthy people.

This isn't a problem with the rich. California has one of the highest income tax rates of any state. We have more people than any other state also. Economy of scales dictates that we should have the lowest tax rate not the highest and yet we still are in a deficit. This is a problem with the spending not the rich.

DaddyHalbucks · 11-18-2009, 11:17 PM

Social programs. Welfare. Illegal aliens. Public employees.

There, you have it.

HouseHead · 11-19-2009, 02:11 AM

illegals

SleazyDream · 11-19-2009, 02:15 AM

arnold .....

11-18-2009, 12:09 PM	#1
HDADULT Confirmed User Industry Role: Join Date: Aug 2005 Posts: 1,152	Why is CA so far in debt? It is now at 21 Billion and CA has the wealthiest people in the nation. What does that debt comprise of? How will it turn around? Just sayin... __________________ Would you like to play a Game? - War Games, 1983

11-18-2009, 12:15 PM	#2
DanielS Registered User Join Date: Apr 2003 Posts: 569	I think they spend so much time surfing on the beach and the 'richiest' people is always who are more in debt. They just don't want to pay taxes. That happens not only in CA, but everywhere in the world where's some wealthy people. Last edited by DanielS; 11-18-2009 at 12:16 PM..

11-18-2009, 12:16 PM	#3
CosmicTang Confirmed User Join Date: Feb 2007 Location: Los Angeles, CA Posts: 1,478	Maybe we could stop voting in favor of propositions for all these wonderful programs and toys that cost billions of dollars without any reasonable plan for how to pay for them. That would be a start. __________________ ICQ: 456.689.835 julian (at) orgasm (dot) com

11-18-2009, 12:20 PM	#5
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	same reason why everyone else is in debt: they spend more than they make __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

11-18-2009, 12:22 PM	#6
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Called tax loopholes... the rich get richer... the poor get poorer.... yeah that little problem. __________________ i like waffles

11-18-2009, 12:22 PM	#7
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,986	someones gotta pay for hollywood

11-18-2009, 12:27 PM	#9
art914 Confirmed User Join Date: Oct 2008 Location: The Golden State Posts: 337	someone order CA a printing press like the one the fed reserve has __________________ Brands That Sell Themselves up to $35 per sign up & up to 60% revshare Hustler \| HustlerTube \| Hustlersreviews \| Barely Legal

11-18-2009, 12:47 PM	#10
Horny Dude Earn enough to buy coffee Industry Role: Join Date: May 2002 Location: San Diego, Ca. Posts: 4,912	The real estate market tanked. California lives and dies on property tax. They made so many bets on the housing market to keep going up. Now that the housing market has fallen flat it leaves a big hole for California. Another thing is the teachers union and the prison guard unions have California by the balls. Prison guards make insane amount of money on overtime. Soon as they heard we were going to outsource some prisoners to out of state jails they lobbied the fuck out of the government to put a stop to that. Oh and lets not forget about our neighbor to the south. When an illegal comes across the border and gets hurt or has an illness who do you think pays for the medical care, WE DO! You think Mexico ponies up any money? Or what about all the social services paid out to illegals, you think Mexico chips in. Then when the government tries to crack down on illegals getting state funded welfare, you get all kinds of people crying that we are striping away rights. California has it bad!

11-18-2009, 02:43 PM	#12
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,090	Illegal aliens Democrats / liberals

11-18-2009, 02:44 PM	#13
pornlaw Confirmed User Join Date: Feb 2007 Location: Los Angeles, CA Posts: 1,854	http://en.wikipedia.org/wiki/Prop_13 "The proposition's passage resulted in a cap on property tax rates in the state, reducing them by an average of 57%." You cant cut taxes and cap them and expect to meet the budget every year. I paid less property taxes on a million dollar home in Cali then my brother did in NJ on a $325,000 house. __________________ Michael www.AdultBizLaw.com

11-18-2009, 04:18 PM	#17
frostyimpressions Confirmed User Industry Role: Join Date: May 2007 Posts: 918	Because we haven't legalized pot already. Soon hopefully. __________________ Lisa

11-18-2009, 11:17 PM	#19
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	Social programs. Welfare. Illegal aliens. Public employees. There, you have it. __________________ Boner Money

11-19-2009, 02:11 AM	#20
HouseHead Confirmed User Join Date: Aug 2003 Location: Aim - Hydromorphone Posts: 5,539	illegals __________________ The Sexiest place to Buy & Sell Adult Ads - JuicyAds is where YOUR profits matter! ---> SPOTS AVAILABLE :\|: SIGN UP RIGHT NOW <---

11-19-2009, 02:15 AM	#21
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	arnold ..... __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.