Comments on: Some Call it California’s Cash Advance

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By: Dave Hurley

Dave Hurley — Thu, 05 Nov 2009 16:49:42 +0000

You da man! And that was indeed a particularly pithy turn of phrase.

Just for the record, I moved my family back to AZ after a run in CA precisely because the state is falling apart. The climate there for a middle-class, home-owning small businessman with family is absurdly hostile. I have taken my business (and CA client base) out of the state and am now bringing CA dollars into AZ. Many more people with a similar opportunity will be taking it. Earthquakes are the least of California’s worries.

Love the blog–it’s good to be able to get back up to speed on AZ politics.

By: papatodd

papatodd — Thu, 05 Nov 2009 15:24:53 +0000

Thx dave. got it fixed

By: Dave Hurley

Dave Hurley — Thu, 05 Nov 2009 15:10:25 +0000

I do enjoy this blog but want to point out that your line “But the lawmakers say this isn’t a tax increase. OK, how about calling it a compulsory interest-free loan from taxpayers to the state?” is a direct lift from the Wall Street Journal article (which was not your linked item). This should have been attributed.

http://online.wsj.com/article/SB10001424052748703932904574511923279377100.html

By: Oberserve

Oberserve — Thu, 05 Nov 2009 14:15:32 +0000

PapaTodd you’re a bit late. This was done in Arizona 6 months ago. My withholding went up 15%

By: nightcrawler

nightcrawler — Thu, 05 Nov 2009 06:31:39 +0000

The cash flow shortage is real and that is a truly desperate move of the part of California, frightening actually.

This brings us back to the flat tax argument. Make it simple, make it predictable, pay as you go. No year end reconciliation or postponements. No games. It would take a while to implement, but once in place this type of system would prevent such folly.