California Tax Revenues fall by 22%

California Tax Revenues fall by 22%

Yeah, who could have seen this coming?… Well Everyone who lives here and 60% of Americans who do not subscribe to liberal/socialist/progressive ideals…

EXODUS: CALIFORNIA TAX REVENUE PLUNGES BY 22%

State Controller John Chaing continues to uphold the California Great Seal Motto of “Eureka”, i.e., ‘I have found it’. But what Chaing is finding as Controller is that California’s economy as measured by tax revenues is still tanking. Compared to last year, State tax collections for February shriveled by $1.2 billion or 22%. The deterioration is more than double the shocking $535 million reported decline for last month. The cumulative fiscal year decline is $6.1 billion or down 11% versus this period in 2011.
While California Governor Brown promises strong economic growth is just around the corner, Chaing proves that the best way for Sacramento politicians to hurt the economy and thereby generate lower tax revenue, is to have the highest tax rates in the nation.

Best part of the article:

Spectrum Locations Consultants recorded 254 California companies moved some or all of their work and jobs out of state in 2011, 26% more than in 2010 and five times as many as in 2009. According SLC President, Joe Vranich: the “top ten reasons companies are leaving California: 1) Poor rankings in surveys 2) More adversarial toward business 3) Uncontrollable public spending 4) Unfriendly business climate 5) Provable savings elsewhere 6) Most expensive business locations 7) Unfriendly legal environment for business 8) Worst regulatory burden 9) Severe tax treatment 10) Unprecedented energy costs.

Now what the article doesn’t seem to mention is the labor force in the state. While there is an abundance of “College educated” people here, they are also the laziest bunch of SOB’s in the nation. As far as skilled labor, well that’s not exactly great either. Anyone who is worth a damn in most areas requiring basic mechanical knowledge, or electrical skills has a job. Those who are looking for experience are finding it very tough to fill positions.

The ugly truth about the state of California is illegal immigration has destroyed this state.  Let me explain to those who think I’m just bashing poor little illegals:

The most common cries here in the state is MORE MONEY for schools because there’s not enough teachers or class rooms or teaching materials etc.. The second most common tax reason is cops/fire dept. Then the 3rd is Roads and infrastructure. Because there’s so many “People” here to protect everyone we need more, more more….. So taxes on the rich go up, taxes on business go up… See the problem?

Now if you removed the “Illegal” population, schools all of the sudden have plenty of room and teachers, prisons are no longer overcrowded, police are not as needed as they are now and our roads are less crowded. You remove those who ARE NOT EVEN PART OF THE TAX PAYING CITIZENRY and you solve CA’s issues.. But that’s not the only issue, there’s much more wrong here than right. The only RIGHT left in this state was made by GOD himself and that’s scenery. Other than that this state is horrendous.

4 Replies to “California Tax Revenues fall by 22%”

  1. John Chiang is about the ONLY state representative that I actually BELIEVE.

    John Chiang is a LEADER who has stood, resolutely, AGAINST the Leftist waves set against him.

    John Chiang has had the temerity to actually tell the TRUTH and then, further:

    John Chiang had the balls to ACT upon his beliefs and FACTS.

    Our next governor?

    How about JOHN CHIANG??

    BZ

  2. Hey Dude, I’m checking in from the North where every 7-11 parking lot is full of illegals trying to get work from contractors happy to ruin the state. If the little woman would let me … We’d be outta here!

    1. Woody, I know that feeling brother. If it wasn’t for my wife I’d be long gone too. Matter of fact, it may be getting real close to bug out time anyway. Might be time to buy some land up in the Rockies and hole up for a while till this America destroying disease has run its course…

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