Wonktonodi said: There are some things in the works in CA that will lead to some bigger changes down the road. The legislative districts are now being done by an independent commission. Not the legislature themselves, so say goodbye to many of the safe districts. Something that will make districts more competitive bringing in more moderates. The next is the primary system change that will have the top 2 vote getters in the primary whatever the party be the ones on the ballot with the exception of the presidential primaries. There is still far more venture capitol in CA than any other state. People have said gloom and doom on it many times before. Now if we can just fix the crazy 2/3 requirement modify prop 13 and stop making the tax system so regressive we might do better.
|
Having more Venture Capitol firms in your state doesn't relly mean anything... afterall not much of that venture capitalism seems to be used.
As for the more taxation angle... that generally seems to be the issue right now doesn't it? California is losing buisnesses to other states at a rapid pace as it is.
I'm not sure how raising taxes fixes that.
As for regressive taxation... that's just what happens when you have more stuff. All told the USA actually has a way more progressive taxation burden then you'd think comparativly, people just never think it is because all the numbers look lower so the rich pay less and then europes rich and that's all anyone pay attention to.
State government taxes pretty much HAVE to be regressive, because the national government has one of the most progressive tax rates in the world. Not much more to "mine" from the top end. So any spending will have to come from the bottom.