The Unions, the Millionaires Tax, and the Road to Success

Community members gathered at the Elihu M. Harris State of California Office Building in support of the Millionaires Tax. (Daily Californian)

Ann Robertson and Bill Leumer: Students, teachers, and social service workers in the Occupy Education movement are not wavering in their commitment to the Millionaires Tax, despite union capitulation to pressure from Governor Brown.

The California Budget Mess Backstory

oil addiction

Adam Eran: So the origin of California’s tax reductions, and even its current budget deficit, is arguably oil price inflation. If we want a stable economy, and government without deficits, we need to stop kidding ourselves that spending is a the root our budget problems, and attend to our energy addiction.

Bush Recession Comes Home to Roost

tax chart

Adam Eran: Tax cuts caused the current budget deficit, not crazy spending. Local government revenues fell 57% after Proposition 13. Even more egregious, the consume-atives™ (they do not conserve), now complain that State funding for local governments to fill that revenue hole meddles too much in local affairs.

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