Schwarzenegger has bankrupted California with tax cuts - now they are letting thousands of prisoners out of..?
...jail early and furloughing State workers (which he is suing).
How is it again that Republicans are tough on crime?
- MikeGolfLv 71 decade agoFavorite Answer
Actually, Schwarzenegger has not done much tax cutting. The issue in California is based on a number of factors that are beyond his control.
First of all there is the collapse in housing values that resulted in a huge decrease in property tax revenue.
Next there is the 'job flight' out of the state due to a poor business climate that has reduced tax revenue even further.
Add to this the fact that California voters have over the past couple of decades voted more and more bond debt. The payments on these bonds are non-discretionary spending so that money comes out of the budget before the Governor and legislature even see it.
To make the problem even worse - the voters in California have placed mandatory spending measures into the state constitution. Like the bond payments - this money comes out of the budget.
What is left is all the money the legislature and Governor have to spend. This amount is not enough to meet the bills so drastic measures have to be taken to create a budget that can be covered by the funds available.Source(s): If you think that you can do a better job that the govrenor - lets see your budget proposal.
- Anonymous1 decade ago
The Arnold ran on a platform of fiscal conservatism and social liberalism. That never works and he proved it. You will never show anything resembling fiscal responsibility with the tremendous social spending that is taking place in California.
- 100% AmericanLv 41 decade ago
You need to get your facts straight. He was fine until the lefty socialist got a hold of him pushing all their government pork projects down his neck.
Now the stuff has failed like all their stupid pork spending programs do they ran for the hills leaving him holding the bag.
Get educated before you speak.
- maccrew6Lv 61 decade ago
Arnold isn't the one that bankrupted California.. Where do you think all the cash comes from to medicate,educate,feed and house all those illegals?? Get rid of them and California (I mean Mexifornia) would have plenty of cash..
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- Tazmanian DevilLv 41 decade ago
California has one of the highest tax rates in america!! But you spend it on every liberal ploy in the book reap what you sow!!
- Anonymous1 decade ago
I think that it is time for Mr. Schwarzenegger to step down from office and let a REAL conservative get in there and clean up the mess that he and all the liberal wackos have made.