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De Omnibus Dubitandum - Lux Veritas

Monday, December 12, 2016

Californians Approve $5.0 Billion per Year in New Taxes

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For the last few years, using data provided by the watchdog organization CalTax, we have summarized the results of local bond and tax proposals appearing on the California ballot. Nearly all of them are approved by voters, and this past November was no exception.

With only a couple of measures still too close to call (TCTC), as can be seen, 94% of the 193 proposed local bonds passed, and 71% of the proposed local taxes passed. Two years ago, 81% of the local bond proposals passed, and 68% of the local tax proposals passed. No encouraging trend there........

California’s democratic supermajority legislators, and the government unions who control them, are going to have a lot of explaining to do when the bubble bursts. For decades they have successfully fed their unsustainable world view to the media and academia and the entertainment industry. For over a generation they have brainwashed California’s K-12 and college students into militantly endorsing their unsustainable world view. This year they conned California’s taxpayers into approving another $5.0 billion in new annual taxes. But the entire edifice exists on borrowed time............Continue Reading

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