Cities are filing bankruptcy to get out of the horrible bond obligations. Maybe that will slow the borrow machine down a bit. Kluckafornia consumes 20% of the muni bonds in the country.

School costs are going up for post secondary and that might slow the newcomers getting a cheap education with one Kluckafornia tax return.

I dont think the tax increase will pass but even if it did it just a drop in the bucket. Even so, there are many more boondogles left in the Dems pockets to payoff their friends.

The Dem Party in Cluckafornia was built by the old KGB. They trained their now gone leaders and we are left with their twisted sisters and brothers.

Its not all bad but its going to get worse and it will be generations before it turns around. Someday the young will wake up to find their future has been robbed.

There are certain groups within California that emphatically believe that we are under-taxed and taxes should be higher. They throw out the canard that high taxes works well in Europe and we should do the same.

Of course those same people are oblivious to the fact that Europeans are being crushed by the weight and girth of their tax system and that several European countries are near total collapse because of it.

It astonishes me that they think that those same failed solutions can somehow be made to work in America. My only conclusion is that they have a myopic view of facts that distorts their perception of reality.

Also, after WWII, America had the only major economy that wasn’t bombed out.

In the late 1950s, the 91 percent top tax rate was dragging down the economy. The Kennedy-Johnson tax cuts of 1964, dropping the top income tax rate from 91 percent to 70 percent, produced a tremendous boom in the mid-1960s, until LBJ’s surtax of 1968.

In the mid-1960s, Michigan Gov. George Romney, father of Mitt, imposed the state’s first income tax and more than doubled state spending in just 6 years. That really started hurting after the economic collapse of 1974, actually a Depression in Michigan. I remember it. I was there.

If U.S. top income tax rates were jacked up to 50 percent, let alone 70 or 91 percent, the economy would collapse under the weight more than it already has.

— John Seiler

Wow, what a load of talking points!

#1- EFFECTIVE tax rates were never 50% nor, 70% or 90%-EVER, the write offs were 100 times what they are today.

#2- “Funding” never stopped after Prop 13, the only thing that happened is “fees” were raised through the roof on EVERYTHING besides “taxes”. The amount of tax revenue went UP after Prop 13, so your argument that funding went down is a big fat whopper lie.

#3- State funding for state employees has NEVER ever been this high in the history of the world. The AVERAGE San Jose public employee comps $175K per year, AVERAGE. That is 800% HIGHER than the states median private sector income of $31K.

#4-The gap between GED and HS educated gov employees and the private sector is the highest it has ever been in the history of the world. And it keeps growing with the average San Jose public employee being in the top 5% in the nation.

#5- If we want great schools, roads, libraries, levies and bridges we need to start clawing back the gold plated top 5% we are comping our HS educated public work force, because cops, FF’s and prison guards do not deserve and should not be comping more than private sector brain surgeons, CPA accountants and lawyers.

Hope this helps John!

JOHN – You are making MY head explode. First off you mix in Federal and state rates willy-nilly, like a three-bong-hit drooling Occupier.

Look at it this way…….What were state receipts during the 1960s, and what was the level of spending. Compare those same figures to the present, accounting for population and inflation, of course. Go ahead. Look at the per capita numbers. I dare you.

THOSE numbers will make taxpayers’ heads explode. I’ve looked at the numbers, plenty of other people have, and it is truly jaw dropping. We are getting so little in return for paying so much.

What’s you point? Are you implying that higher across board taxes will solve California’s problems? What assurances can you offer the rest of us that the politicians won’t just increase their spending levels and bury the state in a deeper fiscal hole?