And they will continue to rise, since you will no longer be getting those Cap Gains Taxes...
Those who generate them are finding other places to do Business. On Nov 7, 9:46 am, studio <[EMAIL PROTECTED]> wrote: > Schwarzenegger: $4.4B in tax hikes to end deficit > Nov 6 02:27 PM US/Eastern > By JUDY LIN > Associated Press Writer > > Schwarzenegger on Thursday called for a special session > of the state Legislature to address a deficit that has grown > to $11.2 billion just six weeks after he signed the budget > for the current fiscal year. > > California's budget relies greatly on capital gains taxes, > which have dropped precipitously in recent months along > with swooning stock prices. Sales and property taxes also > have declined. > > http://www.breitbart.com/article.php?id=D949JG0O3&show_article=1 > --- > > Aren't Republicans supposed to be for lowering capital gains taxes? > I thought Republicans didn't like raising taxes? > > I guess by not. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
