Off-topic Talk Where overpaid, underworked S2000 owners waste the worst part of their days before the drive home. This forum is for general chit chat and discussions not covered by the other off-topic forums.

California nearly bankrupt

Thread Tools
 
Old Jan 16, 2009 | 05:06 PM
  #11  
RedDawnFX's Avatar
Registered User
 
Joined: Jun 2008
Posts: 364
Likes: 0
From: Dallas Metroplex
Default

He will terminate you if you withhold your taxes ja!
Reply
Old Jan 17, 2009 | 12:02 AM
  #12  
AlX Boi's Avatar
 
Joined: May 2006
Posts: 4,605
Likes: 4
From: Irvine, California
Default

I've always disliked how cities use up all the money given to them by the government even if they don't need it so they won't receive less funds the year after. For instance, Irvine streets are very smooth, but for some reason, there's always perfectly fine roads being fixed, expanded, moved, or redrawn.
Reply
Old Jan 20, 2009 | 07:23 AM
  #13  
Kyushin's Avatar
Banned
 
Joined: Dec 2003
Posts: 7,662
Likes: 1
From: Long Beach, CA
Default

Im baffled as to how were in this situatino to start with... every single damn midwesterner and texan in the country is migrating out here and not to mention, all of our taxes are pretty high.

WTF are all those tax dollars goin to?
Reply
Old Jan 20, 2009 | 07:38 AM
  #14  
S2020's Avatar
Member (Premium)
20 Year Member
Liked
Loved
 
Joined: Mar 2002
Posts: 112,963
Likes: 150
From: Doh!!
Default

Originally Posted by Kyushin' date='Jan 20 2009, 08:23 AM
WTF are all those tax dollars goin to?
uh oh!
I predict another moved thread!
Reply
Old Jan 20, 2009 | 07:46 AM
  #15  
vader1's Avatar
Member (Premium)
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Oct 2003
Posts: 11,949
Likes: 474
From: MAHT-O-MEDI
Default

Originally Posted by WarrenW' date='Jan 16 2009, 03:46 PM
So the state of CA is bankrupt and the U.S. is something like $3Trillion on debt. Both are run by Republicans. Hmm...

Warren
Uneducated comment.

And the actual spending bills are passed by the legislative branches, controlled in both cases by which party? Hmm......?

And the US is debt is FAR beyond $3 trillion.
Reply
Old Jan 20, 2009 | 07:46 AM
  #16  
Craigers's Avatar
Registered User
 
Joined: May 2005
Posts: 168
Likes: 0
From: Buford, GA
Default

Originally Posted by WarrenW' date='Jan 16 2009, 01:46 PM
So the state of CA is bankrupt and the U.S. is something like $3Trillion on debt. Both are run by Republicans. Hmm...

Warren
Ha, nice try. California is one of the more liberal states in the US. The debt is around $10.6 T has been around since the 30's and has increased under Republican and Democrat President's alike. As well as Republican and Democrat controlled congresses. In fact, the largest increases have come in the last two years under a Democrat congress... Both parties fail.
Reply
Old Jan 20, 2009 | 07:50 AM
  #17  
The Gasman's Avatar
Former Moderator
 
Joined: Nov 2001
Posts: 59,195
Likes: 1
From: Ventura, California, USA
Default

Originally Posted by Craigers' date='Jan 20 2009, 08:46 AM
Ha, nice try. California is one of the more liberal states in the US. The debt is around $10.6 T has been around since the 30's and has increased under Republican and Democrat President's alike. As well as Republican and Democrat controlled congresses. In fact, the largest increases have come in the last two years under a Democrat congress... Both parties fail.
It's an American ideology change fail. Our country went from save and spend to spend now pay later.
Reply
Old Jan 20, 2009 | 07:53 AM
  #18  
KeithM's Avatar
Registered User
 
Joined: Mar 2006
Posts: 59,141
Likes: 1
From: Lost in the mountains
Default

Later, if youre lucky
Reply
Old Jan 20, 2009 | 08:44 AM
  #19  
UnkieTrunkie's Avatar
Moderator
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Sep 2004
Posts: 109,435
Likes: 1,651
From: SJC
Default

The revenue base fell out from underneath itself.

Economy goes into the shitter + homes foreclose = (lack of sales tax + lack of income tax) + lack of property tax

The only gaffe, if it is such, is that NOBODY on either side of the aisle thought to pocket some money when we were flush with revenue. Even then, prior spending restraints mandated that the money be spent.

Google accounted (and may still) for a full 1% of California's GSP 2-3 years ago, and thusly made up a huge chunk of tax revenue. Private-industry logic would dictate that's a fair amount of exposure, but there ain't shit you can do about it if it's taxation.

Gov. Schwarzenegger is huffing paint by trying to mandate a rainy-day fund now.

Politically, the issue is that nobody on the Assembly floor likes Gov. Schwarzenegger. Too conservative for the Dems, and too liberal for the GOP.

In the last two months, I've seen some amazing shit: Les Claypool's New Year's Even Show, Barack Obama becoming the new President of the United States, and Democrats willing to make budget cuts along with some Republicans agreeing to higher fees and taxes. . .

. . . guess what happened to the last two things? Gov. Schwarzenegger vetoed the budget proposals. . . budget proposals that required 2/3rds passage.

1. Get rid of Schwarzenegger.
2. Get rid of the 2/3rds passage rule on the budget.
Reply
Old Jan 20, 2009 | 09:02 AM
  #20  
Elistan's Avatar
Registered User
20 Year Member
 
Joined: Oct 2000
Posts: 15,323
Likes: 28
From: Longmont, CO
Default

Y'know, the weather is very nice and some northern CA lands are quite beautiful, but otherwise I can find any interest in moving out there. The cost just isn't worth it.
Reply



All times are GMT -8. The time now is 07:18 AM.