XPost: alt.california, ca.politics   
   From: mygarbagecan@verizon.net   
      
    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   
   >   
   Prop 25 is another of those cleverly worded and advertized initiatives that   
   can sucker people into voting against their best interests.  With  a Brown   
   victory, prop 25 passing, and state congressional incumbent wins, California   
   has no way to avoid going bankrupt.  Then we will be at the mercy of   
   whatever the feds want.   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)