Friday, January 29, 2010

Ca legislature a bunch of April fools

State controller John Chiang says California will be out of money (again) by April 1st.

In other news, Jimmy Hoffa still missing.

I'm actually rather interested to see what kind of gimmicks the California legislature tries to pull out of its hat. It was scraping the bottom of the barrel last time it needed money, borrowing from their future budget, pushing pay dates a few days forward so they land in the next quarter, and increasing withholding even though they know they'll have to give it back as tax refunds.

So what will it be now? Some kind of pyramid scheme? Maybe some snake oil?

Or you could do something less creative and erect parking meters in front of every private and public parking spot in the state.

What's next? Breathing tax?

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