Re: Boghies Account Talk
*sigh*
California has a singular set of crazy tax laws found in no other State.
Proposition 13 permanently cut and froze property taxes.
All tax increases of any kind must pass with a 2/3 majority (the equivalent of not gonna happen).
Anyone can draft a referendum and put it to the voters to spend $x on anything they want. Oh, and you don't need to state how it's going to be paid for. Of course a lot of these pass.
Between all of the resolutions, expenses just keeping the infrastructure *sort of* working, and the inability to increase revenue caused a budget trap found in No Other State in the Union.
Which is why these days when I hear anyone saying California is a bellweather state I usually burst out laughing.
Could you imagine the U.S. Legislature passing a law which says you can't raises taxes without a 2/3 vote, allows a referendum to pass that permanently cuts and freezes property taxes, and anyone can put out a U.S. wide referendum to decide where tax money is going??? YeahRIGHT. Not Gonna Happen!
"All the prophets of Doom, Can always find room, In a world full of worry and fear..." - Protest Song, Monty Python
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