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#21 |
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#22 |
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Why should they be getting tax refunds if their government is bankrupt? |
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#23 |
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Not only did it slash taxes but at the same time they changed the rules requiring a 2/3rds majority to cut any spending and/or to raise taxes. You can always get 1/3rd to oppose anything so the result is complete dysfunction and gridlock on every issue. Of course that was the stated goal of the Howard Jarvis Center (a right wing group big here in California) to make government dysfunctional. |
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#24 |
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And then there is Texas, with a constitution originating just after civil war reconstrution, designed to severely limit state governement and spending (such as flatly prohibiting an income tax), with multiple checks and balances, and extra legislative procedures to stop legislation, especially appropriations and tax legislation, and it gets along immensely better in bugeting than Caifornia does. ![]() |
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#25 |
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Every State bond issuance in Texas requires a constituional amendment (and every amendment requires a state ballot issue, in addition to supermajorities in the legislature). Every subordinate juridiction bond inssuance require either a constituional amendment or a local ballot issue, depending on the type of jurisdiction. The politicians cannot borrow a dime without the consent of the governed.
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#26 |
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I see 23 billion dollars in state debt for a population about 2/3rds of Canada.
California has 130 billion in debt. Still they are models of fiscal restraint compared to Canada. We have 600 billion dollars in debt for 30 milllion people. I don't see why CA is having budget troubles. If we can bring in balanced budgets up here on 600 billion of debt (about 5x CA debt levels), then CA should be able to do the same. |
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#27 |
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#28 |
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I see 23 billion dollars in state debt for a population about 2/3rds of Canada. |
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