XPost: alt.california, ca.politics   
      
   (Wall Street Journal) - The Tax Foundation announced this week that   
   California has the second worst business tax climate of the 50   
   states, with only New York more hostile to employers.   
   Congratulations, but it gets worse. If a pair of ballot measures   
   pass next week, the Golden State could soon take the tax lead and   
   make even Albany look like Hong Kong.   
      
   Proposition 24 would raise $1.3 billion of new taxes on businesses,   
   while Proposition 25 would allow the state legislature to pass   
   budgets and tax increases with a simple majority vote, instead of   
   the current mandated two-thirds supermajority.   
      
   The most pernicious is Proposition 25, which is being sold as a   
   good government measure to end the state's annual fiscal follies   
   and pass a budget on time. But what matters more than how a budget   
   passes is what's in it. And the two-thirds rule that has prevailed   
   since the passage of Proposition 13 in 1978 has been the lone   
   restraint on the government unions and their political valets who   
   have spent California to the brink of insolvency...   
      
   Continued: http://sn.im/CalifTax   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)