Is it worth living here? I'm beginning to weigh the pros and cons.
Does raising taxes really generate the projected state/local revenues, or do people just spend less?
Anyway, my local sales tax is being increased to 8.75%!
"The sales tax is expected to bring in an estimated $5.8-billion..."
Are these expectations based on current spending trends, or do they also take into consideration a likely decrease in overall consumer spending?
In all, Governor and lawmakers agreed to $12.5-billion in tax increases in an attempt to decrease the $42-billion deficit.
On top of a higher sales tax, California will impose a 0.25% increase in personal income tax rates in '09 & '10, AND a 0.5% increase in fees to license vehicles .
Also, there will be a tax increase which will reduce the "dependent care credit parents and caregivers can claim to $99 from $309."
"Governor Schwarzenegger abhors taxes. Always has, always will," said his finance spokesman.
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at email@example.com
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