Reporting from Los Angeles and Sacramento - Starting Sunday, cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear.
Technically, it's not a tax increase, even though it may feel like one when your next paycheck arrives. As part of a bundle of budget patches adopted in the summer, the state is taking more money now in withholding, even though workers' annual tax bills won't change.
Think of it as a forced, interest-free loan: You'll be repaid any extra withholding in April. Those who would receive a refund anyway will receive a larger one, and those who owe taxes will owe less. link
Soon, they just won't give it back, because liberals want to give more of my money away. And if this government health care law comes to fruition, the feds will take more of my money too.
Edward R. Murrow, in his "This is London" broadcasts, couldn't have been more concerned or frightened.
4 comments:
There are still math jobs in good schools in Texas. No state income taxes...think about it.
Why?! Why?! Why?! Why can't these lunatics in the capitol make the correct choices rather than refinance the same old delapidated shack. If the Californian economy were a person it would be battered to the point of most bones broken and protruding through the skin, multiple arterial bleeds, and tumors on most major organs (malignant and benign). And rather than using logic and treating the patient with proven, state-of-the-art technology and procedures the ER staff and the surgical team is using nutritional supplements, aromatherapy, and leeches.
The sadist statists need to fired.
It wasn't that long ago that California was a truly great state - an industrial powerhouse with a self-contained economy. And now we have become an industrial-grade poorhouse.
Well Anonymous, you California voters will have your work cut out for you. From what I understand you guys have raised gerrymandering to a high science and in many districts the partisan percentages mean the only fight'll be at the primary level.
Californians have brought all this woe upon themselves by electing incompetence. Just as the majority of Americans have done.
I would say come to TN...but our schools are lousy. They're begging for teachers, though. Several people I know have taken the "fast track" TN offers.
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