BONDS
OF OUR UNION, PART II - June,
2000:
"America is importing poverty and California is heading
for a train wreck. Today, the top four percent of income-earners
in California pay more than 50% of all income taxes... When the
next downturn comes, and it will, state revenues will disappear
overnight, leading to an unpredictable level of discontent and
conflict among squabbling minorities" |
Budget
Shortfall Grows
...Hill is predicting a steeper decline in the
amount of capital gains and stock-option income reported on returns.
Her office projects a 62% dip, compared with the 47% decline
anticipated by the administration.
Davis
says illegals don't cost taxpayers... |