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2009-11-01 Economy
California Helps Itself to a Bigger Chunk of Everyone's Paychecks
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Posted by Cornsilk Blondie 2009-11-01 08:51|| || Front Page|| [11133 views ]  Top

#1 Dang, Blondie - you posted this while I was writing my brilliant in-line snark to posting the same news story. And it was pretty good, too. Fred's filter caught it and dumped it.

Consider this a razz-berry. ;-p
Posted by Barbara Skolaut">Barbara Skolaut  2009-11-01 10:04||   2009-11-01 10:04|| Front Page Top

#2 OK - I've got to post one piece of the aforementioned snark:

"The state controller recently said revenue in the budget year already had fallen more than $1 billion short of assumptions."

It might behoove you gummint clowns to remember that assume always begins with an ass. But, being the asses you are, you won't.

There, I feel better already. :-D
Posted by Barbara Skolaut">Barbara Skolaut  2009-11-01 10:07||   2009-11-01 10:07|| Front Page Top

#3 "...deep cuts to schools, social services and prisons..."

Aw, does that mean no more taxpayer-funded sex-change operations for murders and thugs in San Quentin?
Posted by Woozle Uneter9007 2009-11-01 10:33||   2009-11-01 10:33|| Front Page Top

#4 Make that 'murderers'. Need more coffee.
Posted by Woozle Uneter9007 2009-11-01 10:34||   2009-11-01 10:34|| Front Page Top

#5 Refunds will be in IOU script rather than money, not acceptable for payment of California government services, fees, or the next year's taxes.
Posted by Procopius2k 2009-11-01 11:02||   2009-11-01 11:02|| Front Page Top

#6 Too bad the taxpayers can't charge CA 29.99% interest like the credit card companies.
Posted by ed 2009-11-01 11:10||   2009-11-01 11:10|| Front Page Top

#7 Time to pass out DE-4 forms. I'd add at least two exemptions just to punish them for their temerity.
Posted by Eric Jablow">Eric Jablow  2009-11-01 11:23||   2009-11-01 11:23|| Front Page Top

#8 You'll be repaid any extra withholding in April.

While Barry prints USD, California prints IOU's. If one listens closely, you can almost hear the clatter of the printing presses.
Posted by Besoeker  2009-11-01 12:13||   2009-11-01 12:13|| Front Page Top

#9 Think of it as a forced, interest-free loan:

Wow this is new. When did the Fed's invent with-holding... hummm.... WW Decue? Hell, best to have dem soldaten (LOL semi-Afrikkaner alert) pay they taxes before hitting they beaches. amirite?
Posted by .5mt 2009-11-01 13:27||   2009-11-01 13:27|| Front Page Top

#10 These numbers don't seem to make sense.

Isn't the CA tax rate around 8%? At 90K$ per year, that would be roughly $7200 a year. All would be withheld. Ten percent more is $720, per month that would be $60, not $25. Surely the exemptions and standard deductions wouldn't reduce the taxes on 90K that much?
Posted by KBK 2009-11-01 15:11||   2009-11-01 15:11|| Front Page Top

#11 Uh oh. No popcorn for me for a while, right, Barbara? Sorry.
Posted by Cornsilk Blondie 2009-11-01 15:16||   2009-11-01 15:16|| Front Page Top

#12 "These numbers don't seem to make sense."

There's your problem, KBK - you expect anything the Cali politicians do to make any sense.
Posted by Barbara Skolaut">Barbara Skolaut  2009-11-01 15:55||   2009-11-01 15:55|| Front Page Top

#13 "Uh oh. No popcorn for me for a while, right, Barbara?"

Naaahhh, Blondie - Rantburg is definitely a "you snooze, you lose" posting place. You was the fustest wit' de mostest this time.

Anyway, I can take it, as can you. Unlike the whiny-assed losers in the Bambi a nameless Administration.
Posted by Barbara Skolaut">Barbara Skolaut  2009-11-01 15:57||   2009-11-01 15:57|| Front Page Top

#14 KBK, the marginal CA income tax rate increases w/ income from 1 to 9.3%. the max 9.3% rate kicks in at $47K (single filer) so it just seems like a flat rate.
Posted by ed 2009-11-01 16:10||   2009-11-01 16:10|| Front Page Top

#15 Oh, forgot the 1% surcharge on millionare income earners. No wonder they are fleeing to zero state income tax Texas.
Posted by ed 2009-11-01 16:12||   2009-11-01 16:12|| Front Page Top

#16 We left California and came to Texas 40 years ago in June. I should probably tally up all the money we've saved by not paying state income tax all those years. Might improve my mood LOL.
Posted by Woozle Uneter9007 2009-11-01 19:17||   2009-11-01 19:17|| Front Page Top

#17 Let's see what increasing the punishment for wealth creators does to the economy.
Posted by Bright Pebbles 2009-11-01 20:00||   2009-11-01 20:00|| Front Page Top

#18 Let's see what increasing the punishment for wealth creators does has done to the economy.
Fixed it for you, BP
Posted by Rambler in Virginia">Rambler in Virginia  2009-11-01 22:07||   2009-11-01 22:07|| Front Page Top

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