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by wayne_h 5234 days ago
The government wants to raise taxes. (We are already the highest taxed state.) To soften up the voters they will threaten to cut things that are popular. Beaches, Parks, libraries, police, fire.. release the prisoners etc etc.. I say good go ahead... its scare tactics. Even if they do cut these things then maybe enough people will notice and throw them out. They recently announced cutting funding to animal shelters, so strays will be killed in a 72 hours.

In other news... it was recently revealed that parking lot attendants at the Dept Of Water earn $74,000 per year. LA city has a $1M yacht (they kept hidden). They used $500K in obama 'stimulus money' to install new engines.

Starve the beast. No more money. Wake-up voters - dont be fooled.

1 comments

We actually pay taxes comparable to other states (California is 23rd in tax revenue per capita), but have our taxes distributed much differently. Things we pay higher taxes on: 14th in revenue per capita deriving from property taxes, 12th in income taxes per capita, 21st in sales tax per capita, 5th in corporate tax revenue per capita, 4th in estate taxes per capita. Things we bring in less revenue from: 35th in lottery revenue per capita, 32nd in cigarette tax rate, 41st in excise taxes per capita.
I assume property tax revenues in CA are high mainly due to the high value of CA real estate, not that the rates themselves are high -- they're not high rates (compared to the East Coast, maybe 25-50%) and due to Prop 13, they're not at market rate on many properties.

CA tax is highly variable year to year -- 10.3% on capital gains (and other income) of rich people, largely happens based on business cycle factors. Same with corporate tax.

What's really odd about property taxes in CA is they only go up a fixed amount per year which has not kept up with growing property values in many areas. So, even though property values have dropped significantly revenue has not dropped as much as other states.