California Budget Buoyed By Higher Tax Revenues In 2013-14 & 2014-2015 Fiscal Year. California Zooms Past Russia, Italy and Soon Brazil in Economic Might

  • metta

    Posts: 39153

    Jan 11, 2013 2:52 AM GMT
    California Budget Buoyed By Higher Tax Revenues In 2013-14 Fiscal Year

    http://www.huffingtonpost.com/2013/01/10/california-budget-tax-revenue_n_2449802.html

    YAY!!!! icon_smile.gif
  • metta

    Posts: 39153

    Aug 05, 2013 11:07 PM GMT
    Fitch Upgrades California GOs to 'A'; Outlook Revised to Stable

    Fitch Ratings upgrades the rating on $72 billion in outstanding general obligation (GO) bonds of the state of California to 'A' from 'A-'.

    http://finance.yahoo.com/news/fitch-upgrades-california-gos-outlook-215000619.html
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    Aug 06, 2013 2:28 AM GMT
    It's just a proposal, you make it sound like Brown saved the world. You never know what will happen in future. His numbers could easily never work out. And what about outstanding debt? What about that is taxpayer's money, and maybe people could get a tax break? Government isn't God, you know.
  • metta

    Posts: 39153

    Nov 22, 2013 5:57 PM GMT
    Fiscal analyst projects YEARS of multibillion-dollar SURPLUSES in California -- in part due to tax increases from Prop 30!

    Sen. Holly Mitchell calls this, an “OPPORTUNITY to do all that we need to do” -- including paying down debt, saving, and “expand[ing] some of the critical programs that have suffered.” READ: http://bit.ly/1doJino


    1466139_10151808815572568_692195030_n.jp
  • Posted by a hidden member.
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    Nov 22, 2013 7:21 PM GMT
    And people say taxes are harmful, nothing of the sort. I think the people of California next year should vote the same increase in taxes that they approved last year for the 1% but extend the increase down to the top 10%. That will increase the amount of money the state has even more for important state government programs.
  • metta

    Posts: 39153

    Jan 09, 2015 5:10 PM GMT
    California revenue soars, even as tax-cutting states feel the pinch

    http://www.dailykos.com/story/2015/01/08/1356177/-California-revenue-soars-even-as-tax-cutting-states-feel-the-pinch
  • metta

    Posts: 39153

    Jan 19, 2015 7:16 AM GMT
    California Zooms Past Russia, Italy and Soon Brazil in Economic Might

    http://www.bloomberg.com/news/2015-01-16/brown-s-california-overtakes-brazil-with-companies-leading-world.html
  • metta

    Posts: 39153

    Jan 19, 2015 7:21 AM GMT
    All that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.
  • metta

    Posts: 39153

    Mar 13, 2015 5:23 AM GMT
    Best State for Business? Yes, California

    http://www.bloombergview.com/articles/2015-03-12/best-state-for-business-yes-california
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    Mar 13, 2015 5:29 AM GMT
    metta8 said
    All that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.

    Don't worry, that won't stop them from claiming otherwise. Maybe the California businesses are all fleeing to Wisconsin & Kansas instead. Those are the other 2 big conservative success stories, right?
  • Posted by a hidden member.
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    Mar 13, 2015 5:06 PM GMT
    metta8 saidAll that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.


    At first glance, perhaps, even if I've never heard such an exaggerated description of CA's fiscal woes, except from the left when it comes to funding their various permissive giveaway social programs. Regardless of the financial facts, CA would do better to pay down its debt and actually lower individual income and property taxes, so even more earned income could be spent, if not saved.
  • metta

    Posts: 39153

    Mar 13, 2015 5:14 PM GMT
    MGINSD said
    metta8 saidAll that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.


    At first glance, perhaps, even if I've never heard such an exaggerated description of CA's fiscal woes, except from the left when it comes to funding their various permissive giveaway social programs. Regardless of the financial facts, CA would do better to pay down its debt and actually lower individual income and property taxes, so even more earned income could be spent, if not saved.


    Actually, we voted that in a couple elections ago. When we have surpluses, a certain amount must be used to help pay down our debt. It was one of Jerry Brown's bills.
  • Posted by a hidden member.
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    Mar 13, 2015 5:33 PM GMT
    metta8 said
    MGINSD said
    metta8 saidAll that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.


    At first glance, perhaps, even if I've never heard such an exaggerated description of CA's fiscal woes, except from the left when it comes to funding their various permissive giveaway social programs. Regardless of the financial facts, CA would do better to pay down its debt and actually lower individual income and property taxes, so even more earned income could be spent, if not saved.


    Actually, we voted that in a couple elections ago. When we have surpluses, a certain amount must be used to help pay down our debt. It was one of Jerry Brown's bills.


    Yes, we also voted for a governor and an AG who took oaths to enforce the laws, but promptly violated them. Also, we voted for money for education, which was then steered towards other purposes. Like the argument that "illegal aliens can't get welfare benefits!", this one suffers from the fact that the laws are not being enforced as enacted. We'll see how much goes to pay down our debt. I'm perfectly willing to be corrected if the statutory amounts are met, but my belief, based on the CA Demos' past behavior, is that they won't be.
  • metta

    Posts: 39153

    Mar 18, 2015 1:35 AM GMT
    California is the #1 job creation state in the United States. 498K jobs in the last year (105K more jobs than the #2 state).

    http://www.bls.gov/news.release/pdf/laus.pdf
  • roadbikeRob

    Posts: 14372

    Mar 18, 2015 1:48 AM GMT
    Art_Deco said
    metta8 said
    All that talk of liberal California becoming a disaster and everyone leaving the state for Texas does not seem to be working very well for conservatives.

    Don't worry, that won't stop them from claiming otherwise. Maybe the California businesses are all fleeing to Wisconsin & Kansas instead. Those are the other 2 big conservative success stories, right?
    Both Kansas and Wisconsin have better, updated infrastructure and a more tolerable climate than TexASS. Plus the people of both states are friendlier and more patriotic. As for California, it is an awesome state with a lot to offer, a bit expensive though.