CA Democrats Unveil New Budget Using Standard One-Page Playbook: Tax Hikes
An outline of the Democrats' plan had been circulating for several days before its official release on Tuesday afternoon and as expected it included tax proposals worth about $4.5 billion. The revenue would come from an oil severance tax, delaying corporate tax breaks and income tax increases paired with a reduced sales tax.
This approach, which even a fifth-grader would rightly judge as destructive, will drive additional businesses and residents out of the state as surely as Michael Moore eats dinner. On the bright side, however, L.A. is headed into the crapper even faster than the state itself.
L.A. pensions may consume a third of city’s general fund by 2015.
The cost of retirement benefits for Los Angeles city employees will grow by $800 million over the next five years, dramatically eroding the amount of money available for public services to taxpayers, according to a report issued Tuesday.
In a bleak assessment delivered to members of the City Council, City Administrative Officer Miguel Santana said pensions and health benefits for current and future retirees would jump from $1.4 billion next year to at least $2.2 billion in 2015.
In all seriousness, however, there is a little bit of good news for taxpayers: it appears they'll get to find out what their public sector betters are making.
It's true: the peons aren't allowed to know the salaries of most public workers in Cali.
Heh! It caused a mini-firestorm when one city released its public payroll data. One can only imagine what will happen if the whole state complies with the State Controller. When do the lawsuits with various reasons for why they can't do it begin? 5, ...4, ...3 - I have a feeling, it won't be too long. If the people pay the salaries, why shouldn't they have a right to know what they are? Sounds reasonable to me.
SACRAMENTO, Calif. (AP) -- California's controller is ordering all cities and counties to start reporting the salaries of elected officials and public employees... Controller John Chiang said Tuesday he will post the information on his website beginning in November.
The directive comes after revelations that the Southern California city of Bell paid three of its top administrators a total of $1.6 million a year. Part-time City Council members were paid nearly $100,000 a year.
Currently, local governments must report only general figures about revenue and expenditures to the state controller's office.
Crazy talk. Citizens need to shut up, pay more taxes, and stop asking questions. The rulers rule, and the peons ... uhm, get peed on.
"This approach, which even a fifth-grader would rightly judge as destructive, will drive additional businesses and residents out of the state as surely as Michael Moore eats dinner."
ReplyDeleteYou can add this to the list.
Boeing will be moving its C-130 avionics modernization program and B-1 program offices from Long Beach, Calif., to Oklahoma City, Okla., the company announced Monday. These moves are meant to keep costs affordable, said company officials. The C-130 program will begin transferring in the first quarter of 2011. The B-1 presence will shift to Oklahoma City by the end of 2012. Roughly 550 positions will move to Oklahoma and about 250 jobs will be cut in the process, according to the company. The C-130 AMP entered its low-rate initial production phase in June, and Boeing continues to carry out numerous upgrades to the Air Force's B-1 fleet.
Boeing will be moving its C-130 avionics modernization program and B-1 program offices from Long Beach, Calif., to Oklahoma City, Okla.,
ReplyDeleteHere's the link
http://boeing.mediaroom.com/index.php?s=43&item=1361
One would normally say, "Will the last person leaving California please turn off the light?"
ReplyDeleteProblem is, by the time the last person leaves the Not-So-Golden State, the electricity will have long been shut off due to non-payment of power bills.
Maybe we should simply request, "Will the last person leaving California please blow out the candles?" ;)
Your headline is very interesting as it is making joke of the politicians and saying that flush off twice to as ensure that all democrats are washed clean from the public trough.
ReplyDelete