04/06/2017

CA Is Heading Due Left And How You Are Paying For It

Thomas Del Beccaro, Forbes .com

The 2016 election is in the books.  President Trump won the vote that counts – the Electoral College vote.  California went for Hillary and its governing politicians are fighting Trump tooth and nail. Indeed, rather than adjust to the rest of the Nation, California is headed due Left.  Below is a list of just how far Left it is headed and how you – yes you - are paying for it.

Before we get to the list, we should note how uniquely Left California really is.  Plainly stated, of all the large states in America that regularly cast their Electoral College votes for Democrats, California is by far the most lopsided to the Left.

Washington State votes Democrat each Presidential Election – but it has no income tax.  That is certainly a policy of the Right not the Left.  Oregon reliably votes Left as well – but it regularly lands in the top 20% of states as a place to do business.

Even New York, quite the liberal state in most people’s eyes, is down-right balanced compared to California. Not only is there a Conservative Party of New York that matters, the State Legislature is somewhat balanced.  This year, although the Democrats dominate the New York Assembly, working with Independent Democrats, according to the New York Times, “has allowed [Republicans] to control the chamber.” Before that, after the 2010 elections, Republicans had outright control of the Senate chamber.

California is anything but balanced.  For two decades now, the Democrats have owned both chambers of the Legislature – now with super majorities in the Senate and the Assembly.  That means they can pass any law they want, concluding higher taxes, without a single Republican vote.

Finally, keep in mind that California governments, from the city council level to the state level are over $1.3 trillion in debt – and growing because of pension and medical care promises made by those governments. Oh, and don’t forget that California’s highest income rate is 13.3% - 50% higher than New York’s top rate – and the nation’s highest poverty rate.

So how far Left is California headed?  Let us count the ways:

1. Jerry Brown used to stand in the way. The Democrat members of the California legislature are so far Left that Governor Moonbeam regularly vetoed dozens upon dozens of the hundreds of laws passed each year.  Yes, Jerry Brown is the adult in their legislative romper room. Previously, that has meant that Brown has vetoed such laws as universal health care and once promised no tax increases without a vote of the people.

Read full article



You May Also Like:

The Democrat Answer To The Nunes Memo Is Here Susan Wright, RedState

Assessing The New Democratic Intel Memo Byron York, Washington Examiner

Mona Charen Slams Sexist Hypocrisy And Racism At CPAC; Calls invitation Of Le Pen A 'Disgrace' Alice B. Lloyd, The Weekly Standard

President Trump, Beware The Invisible Threat, Cheapening The Dollar And Killing The Bull Market Ralph Benko, Forbes.com

The Russians Colluded Massively — With Democrats Deroy Murdock, National Review

Tech Giants Are Less Powerful Than They Seem Holman W. Jenkins, Jr. , The Wall Street Journal

Cathy McMorris Rodgers: ‘We Are Going To Have To Defy History’ To Hold House GOP Majority Matthew Boyle, Breitbart

Net Neutrality Zealots Are Wrong — The Market Just Proved It Investor’s Business Daily

I Renewed My NRA Membership Because Attacks On 2nd Amendment Rights Never Stop There William A. Jacobson , Legal Insurrection

Progressive Totalitarians And Nativist Nationalists In Our Midst Richard Ebeling, Heartland Institute

Tariffs Won't Help Make America Great Again Robert Caskey, American Thinker

#UsToo: How Liberal Feminism Excludes Millions Of Women Kelsey Harkness, The Daily Signal

For More go to the Home Page >>>

Join Our Email List



section

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

 

-- Daniel J. Mitchell,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.15%
    FreeMarket Central Shadow Stats: 21.8%
  • Inflation:
    FreeMarket Central January Year-to-Year: 2.11% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section