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Cali does not need more tax revenue, they need less spending and less waste. Top income tax rate is already close to 10%. Any higher and more high earners and businesses will leave and drive the unemployment rate up even higher and decrease the tax revenues.
California is cutting back on their public health care programs such as healthy families which was started in 1997 and is now frozen to new enrollment. This was the health care plan available to middle income families for only a few dollars a month. It didn’t work in Cali and now Obama wants to mirror Cali’s plan to the rest of the country. It has already proven in Cali to be too costly. Maybe Obama and the overspenders in Washington should learn from California’s overspending problem.
