California's Liberal Supermajority - Look out below.
For Republicans unhappy with Tuesday's election, we have good newsat least most of you don't live in California. Not only did Democrats there win voter approval to raise the top tax rate to 13.3%, but they also received a huge surprisea legislative supermajority. Look out below.
So now Californians will experience the joys of one-party, union-run progressive governance. Mr. Brown is urging lawmakers to demonstrate frugality and the "prudence of Joseph." As he said the other day, "we've got to make sure over the next few years that we pay our bills, we invest in the right programs, but we don't go on any spending binges." That's what all Governors say. Trouble is, merely paying the state's delinquent bills will require tens of billions in additional revenues if lawmakers don't undertake fiscal reforms.
With no GOP restraint, liberals can now raise taxes to pay for all this. They'll probably start by repealing Proposition 13's tax cap for commercial property. Democrats in the Assembly held hearings on the idea this spring. Then they'll try to make it easier for cities to raise taxes.
The silver lining here is that Americans will be able to see the modern liberal-union state in all its raw ambition. The Sacramento political class thinks it can tax and regulate the private economy endlessly without consequence. As a political experiment it all should be instructive, and at least Californians can still escape to Nevada or Idaho.
Posted by: GolfBravoUSMC 2012-11-09