Schwarzenegger to Terminate California
Gov. Arnold Schwarzenegger called today for a temporary 1.5-cent increase in the state sales tax to help close an $11.2 billion deficit in the state budget, as well as new taxes on liquor and oil production. [Read]
For those who need clarification: during these difficult economic times he is proposing a sales tax increase of more than 20%!
(Temporary? When was the last time you heard of a temporary tax expire?)
Arnold Schwarzenegger is doing his best to lower California's standard of living to that of Michigan's. (Is this why Obama wants him in his administration?)