6/05/2012

Mitt Romney on Taxes and California

#hhrs #tcot   
From Jim Geraghty:


On California governor Jerry Browns call for a referendum in November on his proposal for an $8.5 billion tax hike:
“I think you are seeing the result of a series of actions in California, actions that have led to public-sector unions’ having benefits and wages out of line with those in the private sector. There’s an unwillingness to deal with fiscal problems before they reach near-crisis level. And the high rate of taxes in California is causing businesses to leave California.

“I hope that doesn’t accelerate, but as the governor continues to raise taxes on the most successful, the most successful will leave. Others will decide to not open their doors because the risk will be too great that even if they’re successful, the government will end up taking what they earn. The governor is taking them in the wrong direction. I wish Californians had elected Meg Whitman. She would have been more successful and explained to Californians the need to cut back on spending and eliminate unnecessary programs. There are other states that have very different records. I think it’s interesting that the state with the highest or among the highest tax rates in the nation also has the worst or near the worst deficit.

“You can’t tax your way out of debt or a deficit. You simply have to rein in the size of the government, because the government will simply ask for more and more and more, until the taxpayers finally say ‘enough.’”

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