LogFAQs > #1277610

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TopicFreedom, Liberty, Ron Paul - The Topic [Tom Woods] [Bob Murphy] [Adam Kokesh]
red sox 777
07/04/12 6:39:00 AM
#49:


It's pretty incredible to me that California has such major budget issues when it has such a large tax base. This is a rich state, with loads of rich people and highly profitable businesses being taxed at a very high rate. And yet it has to resort to regressive taxes like charging $460 for running a red light, and still can't balance the budget. In New Hampshire, we have no income tax, no sales tax, and a lot of our most productive residents work in Massachusetts, but we do fine with the budget. We do have unpaid state representatives in NH, but I'm sure that's not where California is losing all that money.

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