
SACRAMENTO (AP) -- California's Republican lawmakers on Sunday rejected a Democratic proposal for $6.6 billion in tax increases on the wealthy and corporations despite an offer to boost the state's rainy day fund. The failed vote now pushes California's budget impasse into its eighth week with no compromise in sight.
Apparently Republicans would rather see California go bankrupt rather than tax the wealthy.
Yeah, I like the way they say, "Democrats will raise taxes," and not mention that it's only if they make over $300,000. Their rate is currently 9.3%, and poorer people are paying a much larger share of their income. It really makes no sense.
California needs to quit electing radical Republicans I guess.
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