vvvexation: (Default)
vvvexation ([personal profile] vvvexation) wrote2004-10-31 02:29 pm
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California voters

I've mostly figured out how I'm voting on Tuesday, but I'm still undecided on Props. 1A, 61, and 63. Anyone want to argue me into a position on those?

[identity profile] capnkjb.livejournal.com 2004-11-01 01:18 am (UTC)(link)
Well, yes, in terms of John Millionaire + Jane Billionaire + Tim BigBucks, etc.

If you mean it's another 1% tax on rich people that would be the proverbial straw on the camel's back, well, that I'm not so sure of.

[identity profile] japlady.livejournal.com 2004-11-01 01:22 am (UTC)(link)
There's also the issue of, when you only tax the rich, your tieing the funds in that account to the stock market in effect... thats great as long as the economy is robust, but when things go wonky the money dries up.

[identity profile] capnkjb.livejournal.com 2004-11-01 01:28 am (UTC)(link)
There's that. But there are going to be bigger problems than just mental health funding if the stock market tanks. An alternate funding source would be similarly screwed with a wonky market (and economy).