Feature Story
February 21, 2002

California headed for a train wreck.....
just as we predicted

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.
DotDavis says illegals don't cost taxpayers...
Related San Francisco Chronicle article


Back to previous page | Other Features | Home Page