The insane members of the legislature of the People's Republic of California have passed a mountain of new bills that mostly screw over the taxpayers and average citizen.
A Sale Tax Increase
- New taxes pass with the defection of a tax increasing whore, Assembly Republican Caucus Chairman Brian Nestande.
Bill #1 - A bill that would impose a tax on lumber sales squeaked out of the Legislature during the last hours of the session and is on its way to Comrade Governor Jerry Brown.
AB1492 would impose a 1 percent sales tax increase on lumber products. The California timber industry supported the bill because it shifted the tax from them to the general public reports the San Francisco Chronicle.
PUBLIC EMPLOYEE UNIONS
Fox Business Anchor John Stossel reports on the significant fiscal impact of public employee unions on state and local governments. He interviews Steven Greenhut, author of "PLUNDER!: How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation"
Pensions - Kicking the can down the road
- Phony accounting means there was no real reform in Brown's last second pension bill.
- Last minute "reform" bill gave lawmakers only hours to study it.
- Tens of billions in state employee pensions are still unfunded.
Bill #2 - A public pension reform proposal favored by Gov. Jerry Brown would save struggling state and local governments between $40 billion and $60 billion over 30 years, according to a hasty analysis by CalPERS.
The pension fund's top actuary, Alan Milligan, revealed the numbers during a special Board of Administration meeting on Wednesday.
"We've had limited time in which to review the provisions," Milligan said, "so this estimate will change as we continue to delve into the language of the bill."
California's state and local pension systems figure their long-term pension obligations are $135.8 billion more than their assets, although critics claim that estimate is far too low.
Lawmakers didn't issue the measure's 38 pages until Tuesday evening. California Public Employees' Retirement System staff worked through the night to analyze it in time for Wednesday afternoon's special meeting.
Fund staff concluded the savings won't be realized for several years at best. (Sacramento Bee)
Firefighter's Pensions Burn California Taxpayers
Corrupt Indian Casino Bill
- Brown signs new Indian Casino bill after stuffing his pockets with millions in corrupt campaign Indian Casino campaign cash.
- Americans of Black, Asian, Hispanic and European heritage are not allowed to open casinos. Only the Indian tribes are allowed in this business . . . after paying off the legislature naturally.
Bill #3 - The corrupt Comrade Governor Jerry Brown will let two Indian tribes in remote parts of California build casinos along freeways many miles from their land, setting the stage for what critics say could become an explosion in off-reservation gambling.
Brown's decision allows the Enterprise Rancheria near Marysville and the North Fork Rancheria near Fresno to move ahead with plans to have the federal government take land into trust on which the tribes will build casinos, each with 2,000 slot machines. (Sacramento Bee)
See our original article: The People's Republic - "Corruption - Jerry Brown and Indian Casinos."