Tuesday, February 26, 2008

Show Your Legislator the Money

I thought It would be helpful, when you write your state legislator, to remind her  that there is money out there which can be used to solve the state budget "crisis".  Depending on what day you ask, the shortfall is between $14 Billion and $16 Billion.

CTA's Alcosta Service Center put together a handy guide to the budget crisis which included these potential sources of restored revenue:
• Reinstitute an 11% tax on people with incomes of more than $500,000 (a policy during the Republican Governorships of Wilson and Reagan) - would amount to a $3 Billion increase to the state coffers.
• Restore the Vehicle License Fee - $5 Billion.  (Beware those tax gifts that governments like to give out.  They're like those free vacations.  They cost you later!)
• Reverse Proposition 13.  I'm not suggesting going after the granny who lives on a fixed income, just go after businesses who have owned their land since before the 1970s and who will never die. - $4 Billion.
• CalPIRG's Education Fund reports that 46 Corporations in California with an income of more than $1 Billion pay less than $801 per year in taxes.  Closing those loopholes and special privileges for rich people could add billions every year!

Return these sources of income to the state, and "poof," the crisis goes away.

Show those potential sources of income to each voter in California and ask them if they would rather restore these sources of revenue or suffer un-imaginable loss to the lives of Medi-Cal recipients, and the well-being of schools and local governments. 

Honestly, I can't see where the crisis is.  A "crisis" is an unfixable problem.  The only crisis in Sacramento is a crisis of character.  The legislators have to get up the courage to ask the rich people to return the money that they have stolen from the state coffers over the years in special tax-cuts.

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