Monday, July 28, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

No on Prop. 30

By
From page A6 | October 05, 2012 |

As far as we’re concerned Proposition 30, Gov. Jerry Brown’s tax hike, is just another way to shoot this state’s economy and put it out of its misery once and for all.

We found it interesting, listening to former Gov. Arnold Schwarzenegger being interviewed for his new book that he hated having to raise taxes, but was faced with a $40 billion deficit. He noted that Governors Wilson, Deukmejian and Reagan all had to raise taxes to cover deficits. Only Davis had a surplus as capital gains rolled in and he and the Legislature spent it like drunken sailors. He, of course, not only left Schwarzenegger with a gaping budget deficit but saddled the rest of us with high-priced electrical power contracts.

But we digress. The latest indignity to the taxpayers is the double whammy of  Schwarzenegger’s global warming cap-and-trade legislation that is driving business out of this state and Gov. Brown’s proposed Prop. 30 tax hike.

California’s personal income tax rate progresses from 1 percent to 8 percent for a couple making up to $96,000. After that it rises to 9.3 percent for all other income brackets. Prop 30 would raise the top three brackets for seven years. And don’t believe for a moment that the legislators won’t get the seven-year itch to extend them further.

The Brown brackets start with10.3 percent for individuals making $250,000-$300,000 and couples making $500,000-$600,000. Then it is 11.3 percent for individuals making $300,000-$500,000 and couples making $600,000-$1 million. The top proposed rate is 12.3 percent for individuals making more than 500 grand and couples making more than $1 million.

But, wait, there’s more. In case any of the aforementioned happened to be business owners, the governor wants to be sure they have fewer customers because he wants to add a quarter cent to the sales tax for four years.

The income taxes will cause doctors to think about relocating to another state. It will cause business owners to shift out of state. The sales tax will damage retail businesses. And it won’t rake in anywhere near the $6 billion Brown thinks it will.

Brown promises to cut the $6 billion if his measure doesn’t pass. Promises, promises is all we get. Most of it, he claims will come from schools. We question whether he will want to run for reelection as the governor who cut $5 billion-$6 billion from schools out of pure orneriness. He would go down in history as the governor who was an old curmudgeon.

The Mountain Democrat recommends voting no on Proposition 30.

Comments

comments

Mountain Democrat

.

News

Sand Fire burns more than 4,000 acres

By Dawn Hodson | From Page: A1, 1 Comment | Gallery

 
Fatal accident in Camino

By Cole Mayer | From Page: A1 | Gallery

 
County’s chief lawyer: No Brown Act violation

By Chris Daley | From Page: A1

General Plan workshop today

By Chris Daley | From Page: A1

 
Two growth control initiatives get green light

By Dawn Hodson | From Page: A1

Agricultural Crop and Livestock Report released

By Ross Branch | From Page: A3

 
35 people displaced in Tahoe hotel fire

By Tahoe Tribune | From Page: A3 | Gallery

.

Opinion

Bee-ing silly

By Mountain Democrat | From Page: A4, 1 Comment

 
The balancing act: Toxic waste spreads

By Larry Weitzman | From Page: A4, 1 Comment

 
.

Letters

Want more water?

By Letters to the Editor | From Page: A5, 1 Comment

 
Refugee crisis

By Letters to the Editor | From Page: A5, 1 Comment

Letter to Speaker of the House

By Letters to the Editor | From Page: A5, 1 Comment

 
GDPUD misinformation

By Letters to the Editor | From Page: A5

At the crossroads

By Letters to the Editor | From Page: A5, 1 Comment

 
.

Sports

Camp experience is ‘priceless’

By Mike Bush | From Page: A6 | Gallery

 
Speedway races cancelled

By Democrat Staff | From Page: A6

El Dorado doubles up on Pro Players

By Mike Bush | From Page: A6 | Gallery

 
Under the Scoreboard: July 26, 2014

By Democrat Staff | From Page: A6

Schedule: July 28 – Aug. 2, 2014

By Democrat Staff | From Page: A6

 
Roundup: July 26, 2014

By Democrat Staff | From Page: A6

Sports Scene: July 26, 2014

By Democrat Staff | From Page: A7

 
Local spiker shines

By Democrat Staff | From Page: A7

.

Prospecting

A beautiful day at Wakamatsu Tea and Silk Colony Farm

By Cathy Barsotti | From Page: B1 | Gallery

 
Foothill gourmet: Things get corny

By Donna Brown | From Page: B2

Bipolar Insights: From point A to point B

By Marcia Rose | From Page: B2

 
Cool time at Cowboys and Cornbread

By Democrat Staff | From Page: B2 | Gallery

 
As we were: Recreation district grows

By Ken Deibert | From Page: B4

Cantare names new director

By Cantare Chorale | From Page: B10

 
After 5 Club to meet

By Senior Day | From Page: B10

.

Essentials

Divorces

By Charlotte Sanchez-Kosa | From Page: A2Comments are off for this post

 
DUI Log: June 25-July 9

By Cole Mayer | From Page: A2

Crime Log: July 14-16

By Cole Mayer | From Page: A2

 
.

Obituaries

.

Real Estate

.

Comics

Horoscope, Tuesday, July 29, 2014

By Contributor | From Page: A8

 
Horoscope, Monday, July 28, 2014

By Contributor | From Page: A8

Shoe

By Contributor | From Page: A8

 
Sudoku

By Contributor | From Page: A8

Rubes

By Contributor | From Page: A8

 
New York Times Crossword

By Contributor | From Page: A8

TV Listings

By Contributor | From Page: A8

 
Speed Bump

By Contributor | From Page: A8

American Profile Crossword

By Contributor | From Page: A8

 
Tundra

By Contributor | From Page: A8