California's budget disaster, caused by Governor Arnold Schwarzenegger increasing spending 40% in four years, continues.
Decades ago, California voters passed Proposition 13, which requires a 2/3 vote in the legislature to raise taxes. Since then, this has been at least a minimal restraint on runaway spending and taxes.
Until now. Democrats, lacking a 2/3 majority to raise taxes, unilaterally declared that if they just call taxes "fees," they don't need a 2/3 majority. Among the taxes they plan to raise: income taxes and sales taxes. Fees indeed. California already has the highest income taxes and sales taxes in the nation.
Schwarzenegger, who as recently as Friday publicly called the scheme "illegal," has already flip-flopped and said he wants to do a deal with the Democrats.
Hat tip for the poster: some guy at redstate.
12.23.2008
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