Tax Revolt in California
by , 02-05-2009 at 08:59 AM (892 Views)
California has got to be the most mismanaged state in the nation when it comes to financing. $42 Billion over budget, unable to pay back state tax payers $4 Billion in refunds, laying off state workers, closing office buildings and pulling back public services and more!
California cannot even borrow its way out of this mess due to having the lowest credit rating of all 50 states.
We do not need to worry about California sliding into the ocean due to the next great quake, nor an out of control wild fire burning up the state, not even the droubt is as threatening as the real problem California is facing. The California tax payer need to worry about the legislators of California that has been trusted to run the state government.
I would be on watch in your state for the same event playing out very soon. Legislators need to take responsiblity for this out of control spending and insane borrowing with no plans on paying it back.
Articles below supports what I am talking about:
http://www.sacbee.com/ourregion/story/1600441.html
http://www.cbsnews.com/stories/2009/...n4776421.shtml









