Tweet
San Diego is bankrupt and the hack political leaders are suggesting higher business taxes.
"Analysis: San Diego is in the middle of a financial crisis, and officials have been seeking ways to cut costs and boost revenue.
In a Dec. 1 report, an advisory group called the Citizens Revenue Review and Economic Competitiveness Commission examined the city's finances. Among other things, it noted how much businesses pay in taxes here compared to San Francisco, Los Angeles, San Jose and Oakland."
San Fran has a $400 million deficit.
"According to the report, the city of San Francisco makes the most money on average per business at $5,253 compared to just $79 in San Diego."
The deficits are not a taxing problem, it is a spending problem. High tax or low tax, both SD and San Fran are broke. Hence we know this about crazy, out of control spending by politicians buying votes with tax dollars. No amount of taxes will be enough. Just say NO to more taxes and politicians’ who demand them.
More...
"Analysis: San Diego is in the middle of a financial crisis, and officials have been seeking ways to cut costs and boost revenue.
In a Dec. 1 report, an advisory group called the Citizens Revenue Review and Economic Competitiveness Commission examined the city's finances. Among other things, it noted how much businesses pay in taxes here compared to San Francisco, Los Angeles, San Jose and Oakland."
San Fran has a $400 million deficit.
"According to the report, the city of San Francisco makes the most money on average per business at $5,253 compared to just $79 in San Diego."
The deficits are not a taxing problem, it is a spending problem. High tax or low tax, both SD and San Fran are broke. Hence we know this about crazy, out of control spending by politicians buying votes with tax dollars. No amount of taxes will be enough. Just say NO to more taxes and politicians’ who demand them.
More...