XPost: alt.california, ca.politics   
   From: spam+newsgroups@bde-arc.ampr.org   
      
    wrote in message   
   news:5295c3a26bb5e72b2a397383fc3e754f@rip.ax.lt...   
   > (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   
      
   What you forgot to mention is that the abuses that Prop 25 opens are closed   
   by Prop 26.   
      
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    * Origin: you cannot sedate... all the things you hate (1:229/2)