California Sales Tax Increase

GreenSky · 03-31-2009, 01:08 PM

So in an attempt to raise funds, California's genius governator and legislators have raised our sales tax by 1% to 8.75%.

They don't quite understand that if you increase the cost of goods, people buy less. If they buy less, taxes are decreased.

I am certain that the total brain power of our legislators couldn't provide enough power for a light bulb.

Rick

Mr. Bill · 03-31-2009, 01:12 PM

How do you say mofo auf deutsch?

bobson · 03-31-2009, 01:53 PM

Originally Posted by GreenSky

So in an attempt to raise funds, California's genius governator and legislators have raised our sales tax by 1% to 8.75%.

They don't quite understand that if you increase the cost of goods, people buy less. If they buy less, taxes are decreased.

I am certain that the total brain power of our legislators couldn't provide enough power for a light bulb.

Rick

Doh! you should check out Montana's Insure Montana program and Chairman Maobama's SCHIP funding mechanism.