THE PEOPLE'S REPUBLIC OF CALIFORNIA - This site is dedicated to exposing the continuing Marxist Revolution in California and the all around massive stupidity of Socialists, Luddites, Communists, Fellow Travelers and of Liberalism in all of its ugly forms.

"It was a splendid population - for all the slow, sleepy, sluggish-brained sloths stayed at home - you never find that sort of people among pioneers - you cannot build pioneers out of that sort of material. It was that population that gave to California a name for getting up astounding enterprises and rushing them through with a magnificent dash and daring and a recklessness of cost or consequences, which she bears unto this day - and when she projects a new surprise the grave world smiles as usual and says, "Well, that is California all over."

- - - - Mark Twain (Roughing It)

Tuesday, May 29, 2012

California wastes billions in tax money

Tax money going down a Black Hole.
A Federal study says billions in California tax money has vanished down a Black Hole
never again to be seen by any living man.

Pissed Away  -  Since 1998 the Feds say the Democratic California legislature has pissed away billions in tobacco tax money
  • California collected $244 billion in cigarette taxes and settlement cash, but appropriated only $8 billion for tobacco control programs.
  • In 2003 the state used the tobacco industry payments as collateral on bonds to help close the state's general fund deficit.

With the voters of the People's Republic of California poised to vote next week on a tobacco tax hike, a new federal study concludes that the state has used relatively little of the billions of dollars in tobacco money it already takes in to prevent kids from smoking or to help smokers quit.
Between 1998 and 2010 the Democrat controlled legislature appropriated only 6 percent of the money collected from a massive lawsuit settlement and from cigarette taxes for tobacco interdiction and education programs, the national Centers for Disease Control and Prevention reported last week, far below federal spending guidelines for effectively curbingtobacco use reports the Sacramento Bee.

Beth Miller, a spokeswoman for the tobacco industry-backed No on Prop 29 campaign, said the CDC study just proves government can't be trusted with more tobacco tax money. She compared the ballot measure to others that funded controversial state projects, such as high-speed rail and stem cell research.
"It's not hard to see this measure is headed down the same path of exorbitant salaries, high-priced consultants and more wasteful government spending," Miller said.
From 1998 through 2010, California collected nearly $22 billion from a lawsuit settlement with tobacco companies and from cigarette taxes, according to the federal report.

Read more here: http://www.sacbee.com/2012/05/29/4521907/most-tobacco-money-california.html#storylink=cpy
In the 13 years that ended in 2010, states collected nearly $244 billion in cigarette taxes and settlement cash and appropriated just $8 billion for tobacco control programs, less than one-third the $29 billion the CDC says should have been spent.

California lawmakers in 2003 used the tobacco industry payments as collateral on bonds to help close the state's general fund deficit.      (Sacramento Bee)

Read more here: http://www.sacbee.com/2012/05/29/4521907/most-tobacco-money-california.html#storylink=cpy

Read more here: http://www.sacbee.com/2012/05/29/4521907/most-tobacco-money-california.html#storylink=cpy(Sacramento Bee)

The only answer  -  A Tax Revolution.

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