California Faces $20 Billion in Red Ink

By | November 19, 2009

  • November 19, 2009 at 12:45 pm
    Bill says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    WHAT!
    “It’s also clear that California cannot afford to subsidize the state’s largest and most profitable corporations through the tax cuts enacted in September 2008 and February of this year,” said Jean Ross, the executive director of California Budget Project, in a statement. “The Legislature should repeal corporate tax cuts that were included in these budget agreements that “could cost” the state as much as $2.5 billion per year when fully implemented.”

    NOW WHO DOES IT COST! IT WILL COST CALIFORNIA JOBS IF YOU TAX BUSINESSES MORE, YOU IDIOT!

  • November 19, 2009 at 1:06 am
    The Terminator says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    First of all, I though Schwarznegger was a “conservative.” It doesn’t matter though as if the past few years have taught us anything it’s that so-called conservatives can spend or outspend liberals.

    Anyway, I have a radical proposal for the CA government. Here it goes: spend-are you ready for this?-less money! Just for those who don’t get this, I didn’t write raise taxes or create new taxes, I wrote “spend less money.” The odds of the CA government doing this are infinitely small I’m sure because as we all know governments are incontinent when it comes to spending money. They leave their droppings all over the place and we’re left to clean them up.

  • November 19, 2009 at 1:12 am
    Kevin Kennedy says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    As things are turning around for my agency, I plan to add an employee in 2010. It will be kind of tight, but I expect a surge in our business in the next few years and intend to be ready for it.

    If you increase our taxes more, on top of the additional financial burdens heaped on businesses by the administration of President Obama, I will not be able to afford to create that job.

    By the way, this is a real job (that, by the way, includes health insurance) not a pretend job like those the stimulus package “saved”.

  • November 19, 2009 at 1:21 am
    Sam says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Kevin, why do you expect a surge in your business. It better be due to your sales ability as opposed to the economy getting better. Look for a further collapse in the dollar and unemployment to exceed 17% before it gets better. Sorry for the pesimistic additude. I just cant see the economy being able to sustain any kind of recovery with the congress we have now. They will increase taxes, increase spending and repay unions with a trade war with China and free reign to preasure businesses to unionize. There is no room for a recovery in this course of governing.

  • November 19, 2009 at 2:13 am
    Kevin says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    I expect growth through increased marketing efforts. We have budgeted a large contingency bonus solely towards additional marketing.



Add a Comment

Your email address will not be published. Required fields are marked *

*