Posted by
Defend America on Wednesday, September 30, 2009 7:00:03 PM
A California Quake
A tax commission releases a ground-breaking plan.
No state's economy, with the exception of Michigan, has careened into a
deeper ditch than California in this recession. The state now has the
fourth-highest unemployment rate (12.2%), the third-highest rate of
mortgage foreclosures, and for two years has had the biggest budget
deficit in the history of the 50 states. So it is very good news that
yesterday Governor Arnold Schwarzenegger's bipartisan tax commission
recommended a road out of this mess.
http://online.wsj.com/article/SB10001424052748704471504574443413742032356.html