- New Transparency Resource for Connecticut Taxpayers (CFA Site »)
- Colorado Senate Debates "Dirty Dozen" Tax Package
- About Those Jobs Numbers (CFA Site »)
- More Job Creation By The Federal Government
Monday, February 8, 2010
- Van Taylor, candidate for Texas State House, Signs Taxpayer Protection Pledge
- February 6, 2010: Ronald Reagan Day
Saturday, February 6, 2010
- The Obama Budget
- Obama Feels International Pressure to Pass FTAs
- Let's Expedite Debate on Spending Reductions! (CFA Site »)
- Bipartisan Reform Commissions - a Comparison (CFA Site »)
- Obama Should Cooperate with Boehner and Cantor to Force Debate on Spending Reductions
- Not All Bipartisan Reform Commissions Are Created Equal
- Populist Politicians Use Poultry to Pontificate and Pander (ASA Site »)
- The Hidden Tax Hikes in the Obama Budget
Friday, February 5, 2010
- PACT Act May Reduce Tax Hike Pressures
- Arizona Congressional Candidate Eric Wnuck Signs the Taxpayer Protection Pledge
- David Schweikert Signs the Taxpayer Protection Pledge for Congressional Race
- ATR and CFA Will Rate House Vote Against Debt Ceiling Hike and PAYGO
- Why Everyone Should be Worried About Craig Becker (and why Scott Brown needs to stop him)
Thursday, February 4, 2010
- New UAW Union-Foxwoods Contract Will Cost Connecticut Casinos Millions (AWF Site »)
- State Legislative Fiscal Transparency Efforts - An Update (CFA Site »)
- Guess Where Politicians From Socialised Medicine Countries Go For Healthcare...
- De-Facto Card Check Vote Coming Soon
- De-Facto Card Check Vote Coming Soon (AWF Site »)
- Grover Norquist Urges Senators to CoSponsor Non-Government Spending Jobs Bill
- Jim Ward Signs the Taxpayer Protection Pledge in Arizona Congressional Race
Wednesday, February 3, 2010
- Good Evening Arizona Pledge Breakers
- The Obama Budget and Small Business
- Administration Pushes Ahead With Internet Takeover
- SEIU Response to Lobbying Investigation Tongue-Tied (AWF Site »)
- Brewer Sales Tax Hike Passed out of Senate Committee
- A Senate Vote for Craig Becker, NLRB Nom, is a Vote For Card Check (AWF Site »)
- Sound Tax Competition Policy From Switzerland
- U.S. Attorney Reviews AWF's Call for Probe of SEIU Activities with White House, Congress (AWF Site »)
- Colorado House Disregards U.S. and State Constitutions; Passes eTaxes (Stop eTaxes Site »)
- The President's Budget: No Fiscal Restraint in Sight
- Vulnerable Colorado Democrats Vote for Higher Taxes
Tuesday, February 2, 2010
- Colorado House Signs Off On Tax Package
- Do You Know Where Your Tax Dollars Go?
- US Attorney Reviews Call for Probe into SEIU President Andy Stern’s Lobbying Activities
- Property Rights is a Global Affair (PRA Site »)
- What does the "budget freeze" actually mean?
- Utah Legislators Paving the Way for Higher Taxes
- The Budget & International Tax Competition
- Initial Thoughts on the New Obama Budget
- Another Look At Employment Data
- Obama Labor Board Nominee, "workers should not be able to choose against having a union"
- State Level Taxpayer Protection Pledge Signers in Illinois
- Presidential Math: Failed Policies + More Failed Policies = More Jobs
Monday, February 1, 2010
- The Effects of the Mere Possibility of a Bank Tax on Your 401(k) (ASA Site »)
- Very well, so there is a 'job boom'
- Survey Says: Legal Downloading Not So Bad (PRA Site »)
- Post "Stimulus" Unemployment: A Historical Perspective
- Virginia Senator Janet D. Howell Doesn't Get It
- Trains, Pains, and a Whole Lot of Subsidies
- Do You Know Which Candidates in Illinois Have Signed the Taxpayer Protection Pledge?
- State of the Union Myth/Fact: Obama's Taxes on Energy & Families
- Real Stimulus Georgians Can Believe In
- Stimulus II: A Sequel America Cannot Afford (ASA Site »)
- SOTU: The President's Misguided Take on Spending
Friday, January 29, 2010
- Colorado House Finance Committee Passes Cadre of Tax Hikes
-
State of the Union Myth/Fact:
Government-Run Healthcare - Colorado Legislature Kicks Off 2010 with an eTax (Stop eTaxes Site »)
- Beth Coulson Signs the Taxpayer Protection Pledge in 2010 Illinois House Race
-
State of the Union Myth/Fact:
Obama's New Taxes on Your 401(k) - Colorado Legislature Kicks Off 2010 with an eTax
-
GOP SC Gubernatorial Hopefuls Debate in Charleston Tonight,
ATR asks all to Sign Pledge
Thursday, January 28, 2010
- ATRF Analysis: Prevent Repatriation Of Earnings In Certain Cross-border Reorganizations
- Possible Heightened Regulation on Banks Similar to Attempted Regulation of Microsoft in Late 90s (ASA Site »)
- Updated: How Much Does It Cost To Hire a New Federal Employee?
- Tax Preparation "Simplification": A Big Government Power Grab
- Ghost of Tim Kaine Seeks to Raise Price of Spirits
- Seven Prudent Reforms Tackling Our Nation’s Over-Spending Problems
- State of the Union: Time to play Obama BINGO!
- ATR and CFA Endorse CARFA Act
Wednesday, January 27, 2010
Tax Threats Loom Large on Golden State Horizon - Again
From Patrick Gleason on Friday, March 13, 2009 4:08 PM
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They're baaaack - calls for tax hikes in California that is. Last month all California Democrats and 6 Republicans passed a budget that raised taxes on Golden State taxpayers by approximately $70 billion.
But now it seems, according the legislature's budget analyst, Mac Taylor, that the state is still going to out spend its means by $8 billion - shocker.
Taylor was quoted in today's Sacramento Bee saying the following:
"Even in the few weeks since the budget was signed, there have been a series of negative developments. Our updated revenue forecast projects that revenues will fall short of the assumptions in the budget package by $8 billion. Consequently, the Legislature and governor will need to adopt billions of dollars in additional solutions in the coming months to bring the 2009-10 budget back into balance."
California legislators don't seem to comprehend one of the few things that economists of all political stripes agree on - raising taxes during a recession is disastrous policy. Furthermore, the deleterious effect caused by doing so is exacerbated by the fact that the state had the highest tax rates even before the increases signed into law last month (click here for ATR's commentary in the Sacramento Bee on that agreement).
As ill-advised as it may be - in terms of both policy and politics - smart money is on California Democrats coming back to demand more tax increases. The stage may finally be set for a serious taxpayer revolt in the Golden State.
Related Articles
Obama Proposes Over $220 Billion in New Energy Taxes - Monday, February 8, 2010 7:04 PM
Colorado Senate Debates "Dirty Dozen" Tax Package - Monday, February 8, 2010 2:36 PM
Van Taylor, candidate for Texas State House, Signs Taxpayer Protection Pledge - Saturday, February 6, 2010 5:35 PM
The Obama Budget - Friday, February 5, 2010 5:42 PM
Obama Should Cooperate with Boehner and Cantor to Force Debate on Spending Reductions - Friday, February 5, 2010 1:45 PM
Comments
Interesting, maybe California's demos should read the book out called The End of Prosperity. If you raise taxes revenue goes down. People avoid or as is happening in California move out. A net outflow of about 165,00 people left CA last year and more this year and most of those were not poor people. Raising taxes, out of control spending, and generous welfare are causing CA to go bankrupt. Keep spending.
>> Frank Johnson Wednesday, March 25, 2009 2:15 PM
The State Government needs to learn how to keep it's mits out of the cookie jar. The idea to turn a recession around is to put money in the peoples pockets so they can spend it. This will bring business back up. Remember FDR and the New Deal. Bless us all and hang on to your shorts, here it comes again !
>> Larry Tuesday, March 31, 2009 10:04 AM