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Home / Good news is bad news for California DemocratsGood news is bad news for California Democrats
Last Updated on Tuesday, 10 May 2011 01:26 Written by rslcpol Tuesday, 10 May 2011 01:26
From SacBee:
You have to remember that the Capitol operates like Wonderland, Lewis Carroll’s fictional and nonsensical society where nothing is what it appears to be.
That’s why good news – that the state’s revenues finally appear to be moving up rather than down – may be bad news to Gov. Jerry Brown and the Legislature’s dominant Democrats.
For months, they’ve been pursuing the goal of raising taxes, based on an assertion that California has no other choice because revenues are so low that popular and vital services, especially education, would have to be slashed unless revenues are increased.
Specifically, Democrats want a five-year extension of some temporary sales, income and car taxes that otherwise are expiring, although they’re in disarray over how those extensions should be enacted.
However, revenues are running several billion dollars ahead of expectations, and if the trend continues, they could offset as much as a third of the $26 billion deficit that Brown originally projected for the remaining months of the 2010-11 fiscal year and all of FY 2011-12.