What Happened Arnold?

Dedicated To The Calamity That Is California And It’s Politics

We find ourselves in a POLITICAL CALAMITY not just in our Nation's capital but here in California as well. Everyday we watch our Country slip farther and farther away from the original vision of our Founding Fathers. We watch as California crumbles underneath the weight of a crushing deficit without the needed leadership to put our state back on track. "We The People" can no longer sit idly by and wait. Take the first step. It is your responsibility to arm yourself with information. You must seek out facts and make up your own mind. No one can tell you how to think, YOU MUST THINK FOR YOURSELF! Part of the reason we are so deeply entrenched in mediocrity is we’ve been all too willing to accept people and their word at face value. We are far too trusting of our Teachers, Main Stream Media and our Politicians. We send our kids to school and expect they will be taught an accurate depiction of History, when in fact History is often rewritten to reflect the views of the “politically correct”. We read newspapers and watch the nightly news and expect we will be told the truth, but instead we’re given agenda based reporting. We elect politicians and trust they will stand by their word and make decisions based on our best interest, only to find we’ve been sold out to special interests. Look around: The herd mentality hasn’t worked out so well, especially here in California. YOU MUST GET INFORMED, BE INFORMED AND STAY INFORMED!
Jul
30

July 30, 2009: Schwarzenegger Calls for Special Session To “Fix” Tax System

By CalamityDevon

On the heels of closing the book on the states “latest and greatest” budget, Governor Schwarzenegger is calling for a special legislative session set for September to address California’s tax system.

The Legislators will be called on to act on the recommendations handed down in a report due September 20 from the 21st Century Economy commission.  The bipartisan, 14 member commission was formed by Governor Schwarzenegger and Assembly Speaker Karen Bass in October 2008 to modernize and stabilize the states tax system.  The goal of the commission is to:

  • Establish 21st century tax structure that fits with state’s 21st century economy;
  • Stabilize state revenues and reduce volatility; 
  • Promote the long-term economic prosperity of the state and its citizens;
  • Improve California’s ability to successfully compete with other states and nations for jobs and investments; 
  • Reflect principles of sound tax policy including simplicity, competitiveness, efficiency, predictability, stability and ease of compliance and administration;
  • Ensure that tax structure is fair and equitable.

The last one has me just a bit nervous.  Generally when California politicians speak of making the tax structure “fair and equitable” that is code for raising taxes.  Here is the Governor’s statement on calling the special session:

“For too long our broken tax system has taken Californians on an unwelcome rollercoaster ride.  This Commission will help change that, and provide students, teachers, the elderly and the poor a more reliable funding stream. I assure all Californians that I will call on the full legislative body to immediately consider the Commission’s recommendations as soon as they are submitted.” 

The last meeting scheduled by the commission on July 22 in Los Angeles was cancelled.  The presentations from the meeting on July 16 are available on the commissions web site.  The “Tax Structure Options” are worth a quick read through.

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Categories : F.Y.I

Comments

  1. [...] 21st Century Economy Commission’s workshop have finally been announced.  As you have read here and here, the commission was created by Governor Schwarzenegger and Speaker Karen Bass to [...]

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