Letter writers and pundits and soothsayers who support the Republican anti-tax scam have another problem on their hands besides the re-election of President Obama. California now has a Democratic majority in the state Senate and Assembly.
No longer will the Republican anti-tax jihad be able to hold the California state budget hostage every year as the Democratic majority can now bring in additional revenue and make the state solvent (the ability to pay debts). The super rich will share more in the state’s tax burden.
This is what Republicans have been clamoring about, right? Balancing the state’s budget and getting a handle on the deficit. Republicans got their wish. With Democrats in control and the Republican anti-tax corpse sidelined, the state may function as it is supposed to.
And this is a warning to the fanciers of the Republican anti-tax conundrum in states around the country and in the U.S. government. Your days are numbered as fiscal balance and sanity is highlighted in California.