Ballot Measure to Raise $144 BILLION in taxes (not a typo) is Misleading

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check arial, capsule sans-serif; font-size: 12pt;”>By Stephen Frank

stuff arial,sans-serif; font-size: 12pt;”>The Radical Left believe the end justifies the means—which is why when they told us in 2012 they would Not go for an extension of the Prop. 30 $42 billion tax increase, they did Not lie.  This time they are going for $144 billion in new taxes.  This at a time when such a tax will throw us over the edge into a full fledged recession and possibly a depression, as the rich leave the State before Sacramento confiscates all they have.  In todays world you can do your business in California and the 49 other States from Texas and not pay a dime in personnel or corporate income taxes.  Why throw away money to a corrupt, union owned system?

“But two of their claims – displayed prominently on a posterboard next to the speakers, on a flyer distributed to reporters in a media packet, and on the campaign’s website – don’t hold up to scrutiny:

• a nearly $5 billion cut to public schools
• a state budget deficit of nearly $3 billion.

The campaign points to data from the governor’s Department of Finance for both of those claims.

But it turns out the state’s financial picture is not nearly as alarmist as the campaign suggests.

“Looking at the numbers, I can see how they come up with dollar amounts that they do,” says Sacramento State political analyst Steve Boilard, who spent years crunching budget numbers for the state’s non-partisan Legislative Analyst’s Office.

“But I think it’s framed in a way that seems much more dire than it should otherwise be interpreted.”

Wow, Democrats lie?  If they told the truth maybe folks would stop voting for the abusive tax policies and supporting the job killing bills promoted by them  California is about to have an economic collapse—even the really confused Jerry Brown understands that.

Related article: Prop 30 Extension Backers’ Budget Claims Misleading

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Stephen Frank

Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

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