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Originally Posted by Oreo
I think you're right--taxes--property taxes have got to go sky-high in California--I know my uncle who lives there is real worried about that. I can't not believe how enept the State Legislature has been over the years. They don't know what to do--& no one is willing to make hard choices. It's spend-spend-spend & worry about paying the bill later. Sounds kind of familiar doesn't it--especially with our federal government spending money like it grows on trees.
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they can't prop 13 dude....caps taxes at 1% of a property's assessed value. That value can only go up by 2% a year. Properties are reassessed any time they're sold. Then the 2% annual limit kicks in again.
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At any rate--off the coast of Santa Barbara there is a known natural gas reserve that is large enough to heat everyone's homes in America for the next four years. Think of the state revenue that would bring in. But--heck no the enviromental wacco's are out in force on this one. It's just unbelievable--but I agree with the author of this post. I would not live in California today. So I imagine there will be a mass exodus to other areas of the country--that actually balance their budgets & prefer to cut spending versus raise taxes. Good luck to the author--but you may want to look at my state Colorado for your re-location.
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I totally agree that his green bullsht on one hand regards emission and then killing any development of this cleaner fuel is ridiculous but that’s the lib whack tack he takes.....hes off his rocker and he makes sure this state stays wrecked....he’ll just rasie taxes again. I am telling you that 12 cent gasoline tax is coming back....he has nothing left to tax unless he trys raising the same taxs that have this state no.1 in income and sales tax.