Hey buddy, can you spare a dime?
November 04, 2009 By: Frogette Category: California, Economics, Kleptocracy
The State of California this week began hitting up it’s tax base for Payday loans. A little discussed change embedded in the crisis budget the State passed allows California to raise state withholding to 10%. This isn’t a tax increase though. Oh no, it’s a short term loan. California will refund your money in your tax return. Sure they will. They expect to pull $1.7 billion into the State Treasury thereby making California appear solvent (as if), and giving the state “wiggle room” during their current financial meltdown. All I can say is Kvatch and I got out in the nick of time. So long suckahs!
November 4th, 2009 at 1:17 pm
Why doesn’t Arnold simply go on TV with a cardboard sign that reads ‘Will govern for spare change’?
November 4th, 2009 at 1:55 pm
“Come with me if you want to give!”
November 4th, 2009 at 3:10 pm
Actually we’re planning a Veteran’s Day telethon…
November 4th, 2009 at 5:49 pm
Is anyone reminded of the original ‘Robocop’ where they try to hold a telethon to keep the city of Detroit solvent?
November 4th, 2009 at 7:50 pm
Did the Governator just raise taxes?
November 5th, 2009 at 10:20 am
What happened to that fancy garage sale your state was having?
November 5th, 2009 at 11:14 am
LewScannon – Schwarzenegger doesn’t want his prints on this one. He twitters whenever he wants credit for something.
Randal – I think they used it to pay the outstanding I.O.U.’s. At least I hope they did. Not my state now, not my problem. A very American attitude, don’t you think?