""When oil is doing well relative to housing, Texas benefits. When housing is doing well relative to oil, California benefits. Politics doesn't have much to do with it at all." "
This quote cracked me up! LOL Maybe Texas gave them some tips!
"California, which sent a delegation to Austin last year to find out how the Lone Star State had beat it in employment growth surged ahead of Texas to lead the nation in job creation for the last two consecutive months.
Texas led California in job creation in 18 of the last 24 months, since August 2010, the first month both states posted employment gains following the longest recession since the 1930s. "
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
California contributed more than 15 percent of the nation’s new jobs between October 2011 and October 2012 - adding more jobs in 12 months than Texas and the rest of the other top-10 fastest-growing states combined - while home building is bouncing back and demand for houses is increasing. The end-of-2012 results were even more impressive.
Of the 171,000 new jobs the entire U.S. added in October, 27 percent were in California. And since the beginning of the year, California has added nearly 300,000 jobs, outperforming Texas by a decent margin and outpacing New York by more than 2 to 1.
San Francisco is overrun with cranes
, as the new digital economy (Google, Apple, Facebook, Twitter) continue to be HQ'd in the Bay Area. Heck, add Samsung
to the pile.
Conservatives have made hay of reports of California companies leaving the state. And it's true! Some have—254 in 2011, to be exact. Conservative media had a field day with that little stat. On the other hand, 132,000
new businesses were created that same year—second highest per capita in the nation, tied with Texas, and behind only Arizona. And that was California's down year.
And California's Democratic takeover has now given us a healthy budget surplus
this year, something Ahnold couldn't manage without gimmickry.
Dang, it's terrible when those 2-3 year old talking points are no longer relevant. But it looks like California is almost over the disasters created by the anti-tax crowd. Yep, 254 businesses left...and 132,000 came in ... in the same year. I wonder how that FACT got overlooked?
FredHayek wrote: When it all goes south next year, they will blame Arnold and the minority GOP party. Just like Team Obama continues to blame Bush years later.
Yeah... :Snooze ... Let me know when it happens...
And thanks to the hard work of the Dems, the California's already high state income tax went up from 9.3% to 10.3, 11.3, 12.3, or 13.3% depending on income.
And again thanks to the Dems, the state sales tax just increased by .25% up to 7.5%. Add local sales tax to that and some Calif cities charge 10% sales tax. Everyone gets to pay that.
Why yes, I do... And they have the statistics to back it up.
pineinthegrass wrote: the state sales tax just increased by .25% up to 7.5%. Add local sales tax to that and some Calif cities charge 10% sales tax. Everyone gets to pay that.
But, but, but, you guys LOVE sales taxes...(that fall on the poor more heavily)... Why, Bobbie Jindal just the other day was talking about doing away with the State income-tax
, and making up the lost revenue with a sales-tax. Since THAT was from a teabagger, you guys LOVE IT...
So, California does the same thing the Republican governors think is a peachy idea, (because it screws the lower-income folks, and keeps more money in the pockets of the higher-income folks), and this is somehow a problem for you?
And in spite of the higher taxes, (which are getting the state out of the hole the GOP created), jobs and businesses are coming back to California at a much higher rate than they were leaving, back in the days of the GOP disaster... Works for me.
FredHayek wrote: When it all goes south next year, they will blame Arnold and the minority GOP party. Just like Team Obama continues to blame Bush years later.
I think they will put the blame right on Jerry Brown and the Dem controlled legislature.
LadyJazzer wrote: Why yes, I do... And they have the statistics to back it up.
pineinthegrass wrote: the state sales tax just increased by .25% up to 7.5%. Add local sales tax to that and some Calif cities charge 10% sales tax. Everyone gets to pay that.
But, but, but, you guys LOVE sales taxes...(that fall on the poor more heavily)... Why, Bobbie Jindal just the other day was talking about doing away with the State income-tax
, and making up the lost revenue with a sales-tax. Since THAT was from a teabagger, you guys LOVE IT...
So, California does the same thing the Republican governors think is a peachy idea, (because it screws the lower-income folks, and keeps more money in the pockets of the higher-income folks), and this is somehow a problem for you?
And in spite of the higher taxes, (which are getting the state out of the hole the GOP created), jobs and businesses are coming back to California at a much higher rate than they were leaving, back in the days of the GOP disaster... Works for me.
No. The fact is I don't like high sales taxes.
As I pointed out, the income tax rate in Calif is based on how much you make. But everyone pays the same sales tax, regardless of income. It's the Democrats that rasied this regressive tax even higher in California.
