Saturday, July 12, 2014

Jerry Brown's Crony Capitalism - Signs tax break bill for Tesla.

Jerry Brown, Tesla and Selective Common Sense - Tom Del Beccaro/Forbes

California is home to the most regulations and the highest tax and public debt burdens in America. It is also number one in the country in poverty. Those results go hand-in-hand and are courtesy of California’s big government mentality.

To attract jobs, ever so occasionally the Democrat run legislature and Governor Jerry Brown apply common sense, by selectively lowering costs for certain businesses. Tesla is the latest apple of their selective eye. The real question is: Why don’t they apply such common sense to the entire state economy and lift California from its troubles?