"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Golden State Gravy Train
Submitted by Melinda L. Secor on Sun, 2012-12-30 02:00
"The November election made California the highest-tax state in the nation by raising the state income tax to 13.3 percent, an increase of 29.13 percent. Governor Jerry Brown claimed the increase would boost revenues by some $6 billion and solve the Golden State’s budgetary woes. But according to state Controller John Chiang, total state revenues for November fell by $806.8 million, more than 10 percent below budget. The shortfall of nearly $1 billion has not prevented new government spending."
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