Job loss because other states have more favorable conditions
We've had a net loss of nearly a third of a million job in the last 2-1/2 years. We've had the first net-out migration of domestic population in our state's history. And a lot of that is going to AZ and NV. When Fidelity National announced
they were leaving for Jacksonville FL their CEO had taken 400 jobs with him. Their CEO was quoted on local TV, he said, this wasn't a complicated decision. In Florida, there is no income tax. The sales tax is 6%. It costs $40 to register your car.
Source: Recall Debate, Cal. State Univ. at Sacramento
Sep 24, 2003
State spending increasing faster than revenue increase
We are not suffering a revenue problem. In the last four years, our inflation and population combined grown 21%. Our revenues up 25%. That's after the dot-com collapse, after the car tax was trimmed, after the state's revenues was plunged.
We're still taking in significantly more revenue than inflation and population. The problem is we have a 38% increase in state spending in that same period of time, and we have not gotten a 38% increase in highway construction or school construction
or anything. We're paying through the nose for this government to provide. And not hard to find waste in a system that produces as little as California and costs as much. If we restored to California government the same freedom that
every family and business has to shop around for the best service at the lowest price, there's about $9 billion in savings across all departments from that one reform alone.
Source: Recall Debate, Cal. State Univ. at Sacramento
Sep 24, 2003
