Liberals- Can we draw any conclusions about California's massive debt and massive taxes?

1/8 the population and 1/3 the countries welfare hounds. 10 million illegals. massive salaries and pensions for your government unions? that might have contributed to the debt.
this was best answer to another question...Just keep stealing into oblivion. We are up to our eyes in waste and fraud and they want more. We passed the freedom of information act and that was great, but when we found that the judges were taking bribes the great state of California passed a bill that granted them RETRO ACTIVE IMMUNITY FROM PROSECUTION. Senate Bill SBX211.
SEE
Full Disclosure Network
Richard Fine
Dr Shirley Moore (Slush Funds)
Los Angeles bribes the judges to render judgements against the tax payers in favor of the County and its still not enough. They still want more. L.A. County pays over $27 million a year in bribes to judges to take from the tax payers.
Source(s):
Full Disclosure Network
Richard Fine
Dr Shirley Moore (Slush Funds)

Maybe, if conservatives can learn from Ireland about tax brakes and austerity?

you're an idiot

It will take Governor Brown about 8 years to fix the mess the previous GOP governor handed him.

Yea. Stopping letting Republicans (Arnold as governor for 8 years) run state economies into the ground.

LIberals: "Yeah, it's Bush's fault!"

I don't know. What conclusions can we draw from conservative Texas' $27 billion dollar shortfall? Or from the fact that the conservative states get more Federal money than the liberal ones?

California and other liberal states are in big financial trouble. Since Caly is essentially a one-party state the loons in Sacramento are unwilling to see other ways out of the financial mess Jerry Brown actually created with the public sector unions. Tax and spend is all they know all the while people pack up and leave taking the tax base with them.

right this is the concept -- via prudently cutting taxes, the financial equipment would be inspired. With financial advance will come greater earnings, greater production (which works right down to distributors,and so on.). With the greater money, there'll be greater sales to the authorities, whether the tax fee is diminished. for this reason, for the time of sessions of financial advance, the deficit very in general falls (sales advance). invoice Clinton did no longer advance the tax fee; did no longer cut back federal spending, yet balanced the value variety because of the fact of financial advance. Now, right this is the rub. Democrats/liberals could say that tax cuts could desire to bypass to the midsection and decrease type. They reason that, in case you provide those human beings an extra thousand money, they are going to spend it on "stuff." the folk who make the "stuff" will hire greater workers (to fulfill the call for), and purchase greater cloth to make the stuff (and so on). Republicans think of that the breaks could desire to bypass to the prosperous and firms. With the greater money, the businesses could desire to positioned money into equipment, and so on., thereby stimulating the financial equipment. concern -- if factories and shops at the instant are not working to means, there'll under no circumstances be investment in infrastructure. greater, the prosperous do no longer spend money they have, and the cuts do no longer bypass into the financial equipment. the prosperous use tax cuts for investment, mostly into the inventory marketplace. yet bear in mind, money invested interior the inventory marketplace would not bypass to the companies. the money (different than interior the preliminary offering, it particularly is statistically beside the point tot he marketplace), is going to the supplier of the inventory. it extremely is in basic terms procuring and merchandising money. for this reason, while R. Reagan tried the trickle-down concept, shrink tax expenses, and decreasd company taxes, the firms chanced on themselves with a lot extra money. Did they make investments interior the infrastructure? No. instead, they used the available money, leveraged it, and offered different companies (the main important era of mergers and acquisitions in historic previous). the consequence replaced into that a lot of human beings (interior the obtained companies) lost their jobs, a cut back in opposition, and a stagnating financial equipment via the top of the Reagan words. wish this helps.