Finally, something important
In marked contrast to the foolishness and irrelevance that surrounds the controversy over who will be California’s next lieutenant governor, the California Senate Office of Oversight and Outcomes just released this report, which explains how Governor Schwarzenegger’s furlough of 5,300 Franchise Tax Board employees will actually cost the state money:
“The Franchise Tax Board estimates that $465 million in taxes will be lost because furloughed workers will not be on the job to pursue the money through audits and collection efforts. That loss offsets by 28% the $1.66 billion in general fund money that the administration expects to save furloughing state workers two to three days a month.”
Hmmm… so the furloughs a theft of much needed tax revenue? Or are they a secret tax cut; a kind of a backdoor amnesty on audits?
That’s for the pundits to decide. Me, I just see the furloughs as yet another example of a state government that is only bipartisan where mismanagement and stupidity are concerned.
-Anthony Pignataro
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