California Gov. Newsom unveils historic $97.5B budget surplus

https://www.nbcnews.com/news/us-news/california-gov-newsom-unveils-historic-975-billion-budget-surplus-rcna28758

by paulpauper • 4 years ago

18 4 4 years ago

So will he move to repeal egregious NEW taxes that have been heaped upon residents, like the extra gas tax applied a few years ago with the lie that it was necessary for road maintenance (CA already has massive gas taxes for that)?

There should also be windfalls (for counties, I guess) derived from home sales and the explosive increase in prices, which drive massive, automatic, and immediate increases in property taxes in CA.

jimmygrapes• 4 years ago

No, this surplus will go to DIE initiatives and environmentalist lobbyists, in the best case. And no, I don't have evidence that I can share. Screen cap this post and come back in a few years I guess. Or flag it and pretend, whatever.

neural_thing• 4 years ago

Alternative headline: CA residents overcharged by $100B

bartchamdo• 4 years ago

I love how they call it a budget surplus, it isn’t. It is as you say, residents were over taxed by $100B, which won’t be returned to them. Which is terrible government, not good-great government.

California Gov. Newsom unveils historic $97.5B budget surplus

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