Thursday, November 29, 2012

Editorial: State not-so-golden for many

New measure tags California as poorest state. - OD Register

New census data, which takes into account geographical differences in its "Supplemental Poverty Measure," ranks California as the poorest state in the nation. "The supplemental measure uses new poverty thresholds that represent a dollar amount spent on a basic set of goods adjusted to reflect geographic differences in housing costs. The official poverty thresholds are the same no matter where you live," said Kathleen Short, the report's author.

...California is a heavily blue state – marked by a harmful tax-and-spend culture. One way to reduce additional outmigration and further erosion of the tax base would be to do away with the state's income tax structure and replace it with a flat tax, which ensures individuals are less likely to underreport income and that Californians aren't punished disproportionally when income rises.

Bust: California named worst-run state in the nation - HotAir

It should also be noted, the promise of maybe closing this year’s deficit is predicated on whether “lawmakers can resist more spending and the economy continues to improve.” I present to you, a supermajority Democratic legislature. Also, this delicious paragraph from the L.A. Times:
The election wasn’t even over Tuesday when state Treasurer Bill Lockyer’s phone started ringing. Activists of all stripes had the same message for him: With voters apparently poised to approve billions of dollars in tax hikes, it was time to spend more money.

“They had to be reminded the money has already been spent,” Lockyer said.