Comments on: As I predicted, state revenue up — for now https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/ Thu, 24 Jan 2013 03:37:47 +0000 hourly 1 By: Hondo https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/#comment-7101 Thu, 24 Jan 2013 03:37:47 +0000 http://www.calwatchdog.com/?p=36997#comment-7101 These tax hikes are a short term bump and a long term disaster. These taxes hit the small business owners, the ones like my boss who has gross revenues of half a million but take home maybe 50 grand after paying bills and my salary, the hardest. He could easily go out of business and I lose my job. He can’t afford to move to Florida like the truly rich. His business is local, built up from hard work and good customer relationships, over many years. Its these small small businesses that build the economy the fastest. And it is these taxes that will hit them the hardest.
These tax bumps may last through the year, maybe. But next year could be a bear. I hope its not. I lose my job if it goes too bad.
Hondo….

]]> By: double l https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/#comment-7100 Thu, 24 Jan 2013 00:34:08 +0000 http://www.calwatchdog.com/?p=36997#comment-7100 We’ll see, won’t we?

]]> By: doug https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/#comment-7099 Wed, 23 Jan 2013 23:11:23 +0000 http://www.calwatchdog.com/?p=36997#comment-7099 its also called a “rawhide necklace”
it takes about 12 months to adjust for the full effect.

]]> By: Sean Morham https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/#comment-7098 Wed, 23 Jan 2013 22:12:15 +0000 http://www.calwatchdog.com/?p=36997#comment-7098 I am sure that there is much back slapping in Sacramento over the inflow of the tax increase estimates payments. I agree, sit back and watch while there is a slow implosion of the revenue stream throughout 2013. It will really hit the fan in the following year, because there will be new spending, increased salaries,etc.. The beast will be starved. There will be attempts to increase vehicle, ammunition, alcoholic beverage tax receipts, while trying to overturn all of Prop 13 to cope with the fiscal emergency. The only hope will be a bailout from Washington.

]]> By: CalWatchdog https://calwatchdog.com/2013/01/23/as-i-predicted-state-revenue-up-for-now/#comment-7097 Wed, 23 Jan 2013 19:18:32 +0000 http://www.calwatchdog.com/?p=36997#comment-7097 Profit has become a dirty word, but profit is what pays for government.

Never underestimate envy and jealousy, and the power to destroy.

Those who enjoy their own emotionally bad health and who habitually fill their own minds with the rank poisons of suspicion, jealousy and hatred, as a rule take umbrage at those who refuse to do likewise, and they find a perverted relief in trying to denigrate them. (Johannes Brahms)

Katy

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