Friday, February 25, 2011

California Governor Brown Seeks More Taxes From the Overtaxed.

So Governor Brown probably knows it is going to be a hard sell. Has to get two thirds of the Legislature to allow the initiative to go on the June ballot.

So when that fails, he can say he tried to get more taxes, so now I have to make the drastic cuts.

Eventually, the state will have to declare bankruptcy.

More on this from the New York Times by Adam Nagourney

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