Friday, June 1, 2012

Tom Del Beccaro: 7 taxing questions for Gov. Brown

6. Shouldn't your party demonstrate fiscal restraint prior to asking people to pay more money to bailout Sacramento?

Hint: New York's Democratic governor and 2016 presidential hopeful Andrew Cuomo balanced his state budget in two years – while granting property tax relief – and restored faith in New York government as demonstrated by his 69 percent approval rating. Next door in New Jersey, Republican Chris Christie is doing the same and enjoys a 59 percent approval rating.

In the final analysis, California has a revenue problem because so many people are out of work, and businesses are either leaving or on shaky financial ground. Brown's answer to the deficit – higher tax rates – is the very reason people are out of work and businesses are leaving. In other words, Brown's cure is the disease itself. All of which begs the last question.

7. How does taking more money from cash-strapped Californians (who have lost $2 trillion in homeowner equity since 2007) and businesses convince them to spend more so the economy can revive?

It can't, and it never will, and that is why it is time for a new direction for California. read the whole thing at The Orange County Register