Hospitals Spending Millions to Inflict More Pain on Taxpayers

By Jon Coupal in California Political Review

March 15, 2016

In 2012, those of us who opposed Proposition 30 were told that the measure, which was the largest state tax hike in American history, was just a “temporary” fix to address the emergency of a severe budget shortfall. But just as Milton Friedman noted that “nothing is so permanent as a temporary government measure,” here in California it appears that nothing is so permanent as a temporary tax increase.

However, in their journey to extend the Prop. 30 tax hikes, the tax raisers started tripping over their own greed. Even the public sector union bosses weren’t reading off the same page and different proposals began to emerge, each targeting billions of dollars of tax revenue to their respective constituencies. And compounding the problem was the fact that the “emergency,” which was the entire justification for Prop. 30 in the first place, disappeared. California now has a budget surplus.

Read more at California Political Review

Comments are closed.