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Monday, December 01, 2008

CA Republicans Hold Fast Against Tax Increases

The California Governator has declared a fiscal emergency and is trying to address the crisis through a combination of spending cuts and tax increases. I haven't seen the details, but I suspect that the proposal is light on the former and heavy on the latter.

Republicans are refusing to raise taxes. Good for them - if states can drastically expand its government labor force during the boom years, it should certainly cut them during recessions. I hope the CA GOP stays true to its word.