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REAL BUDGET BUSTER
Complete article at: http://www.vdare.com/ Immigration Moments That Changed A California Budget Analyst's Mind After almost 20 years working for a California county, I retired from my job as a budget analyst in the County Administrator's Office. I retired early because I could see no end to California's budget problems. Although the stock market craziness generated tax revenue at the end of the decade and paid the rising costs of education, welfare and health care, the bust followed the boom. Tax revenue plummeted. Costs continued to rise. In less than 10 words, California's biggest budget problem is Third World immigrants with lots of children. Income tax is the largest source of revenue for the state. Residents who earn less than $20,000 per year pay only 2 to 3 percent of all income taxes collected. A child in school costs on average $7,000 per year and the state picks up most of the tab. |
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