CA is voting itself right out of income and jobs

by CalWatchdog Staff | March 26, 2013 10:04 am

March 26, 2013

By Katy Grimes

Voter registration is down in California. The Secretary of State[1] just published a report showing voters registered with a political party decreased from 78.9 percent to 77.1 percent since this time in 2010.

In California, registered Democrats number 43.9 percent, to Republicans 28.9 percent.

Green Party – 0.63 percent, Libertarians – 0.61 percent, Peace and Freedom – 0.34 percent, American Independent – 2.64 percent, and No Political Party Preference – 20.86 percent.

The next study which should be done is to find where the voters are going. I say Texas. And Nevada. And Arizona. And Tennessee.

And Alaska, Florida, Nevada, South Dakota, Texas, and Washington have no state income tax. There are nine states with no state income tax.

“Oklahoma and Kansas have lowered their income-tax rates in the last two years with an aim toward eliminating the tax altogether,” the Wall Street Journal reports[2]. “North Carolina’s newly elected Republican Governor Pat McCrory has prioritized tax reform this year and wants to reduce the income tax. Ditto for another newcomer, Mike Pence of Indiana, who has called for a 10% income-tax rate cut. Susana Martinez, New Mexico’s Republican Governor, has called for slashing the state corporate tax to 4.9% from 7.6%, and the first Republican-controlled legislature since Reconstruction in Arkansas is considering chopping its tax rates by as much as half.”

And Nebraska Governor Dave Heineman said in January that he wants to eliminate the state income tax and replace it with a broader sales tax. “Louisiana Governor Bobby Jindal, who wants to zero out his state’s income tax (top rate 6%) and the 8% corporate tax and replace them by raising the state’s current 4% sales tax,” the WSJ reported. “He would also eliminate some 150 special interest exemptions from the sales tax, including massage parlors, art work and fishing boats.”

“A new analysis by economist Art Laffer for the American Legislative Exchange Council finds that, from 2002 to 2012, 62% of the three million net new jobs in America were created in the nine states without an income tax, though these states account for only about 20% of the national population,” the WSJ story said. “The no-income tax states have had more stable revenue growth, while states like New York, New Jersey and California that depend on the top 1% of earners for nearly half of their income-tax revenue suffer wide and destabilizing swings in their tax collections.”

We are doing everything wrong in California, and losing our voters to no-tax and low-tax states.

The state Democrats can keep up with their online and early voter registrations, but those students they are signing up aren’t income producers. And those who receive entitlements aren’t income producers, even though they are voting Democratic.

California needs income producers and middle class voters, not more welfare recipients and in-debt college students.

Source URL: https://calwatchdog.com/2013/03/26/ca-is-voting-itself-right-out-of-income-and-jobs/

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