CALIFORNIA IS DOOMED!

GALIFORNIA IS DodMED HIGHEST TAXES IN THE NATION Top State INCOME TAX General SALES TAX The HIGHEST in the Country Can add up to 10% in some cities Combined Local, State & Federal GASOUNE TAXES Flat CORPORATE RATE CENTS PER GALLON The HIGHEST in the West PENSION LIABILITIES THAT WILL CRIPPLE THE STATE Orange County ALONE has UNFUNDED S10 EIRLON Pension Liabilities $516 BILLION How can they pay these pensions? HIGHER TAXES IN THE FUTURE. MUNICIPALITIES GOING BROKE In order For other municipalities to survive they will be Forced to RAISE TAXES which creates a DEATH SPIRAL as businesses and VALLEJO, STOCKTON. MAMMOTH LAKES. and SAN BERNARDINO recently Filed For BANKRUPTCY wealthy individuals will no longer want to live in the city. MUNICIPALITIES SO DESPERATE FOR CASH THAT THEY CANNOT AFFORD TO PAY FOR POLICE Oakland's police chief at one point said they are so understaffed they will NO LONGER Hello? Police? ANYONE?!? RESPOND TO CERTAIN POLICE CALLS SUch as BURGLARY, CAR WRECKS CRIDENTITY THEFT • CHIEF OF POLICE • RIDICHLOUS SALARIES In tiny HERMOSA BEACH there are... EACH ONE is making nearly 10 TENDANTS S100.000 For a tiny 13 sq mile beach PERYEAR in total compensation RETIREMENT COST For these 10 employees? MEDICAL COSTS over their liFetime? SL35MION In VALLEJO... One POLICE CAPTAIN earnS The AVERAGE FIREFIGHTER a compensation package of compensation is $500.000 S75.000 PERVEAR PERYEAR It's no wonder that municipalities are going BROKE! CALIFORNIA Voted THE WORST STATE FOR BUSINESS by CEOS 7 years in a row Will the Rich and will Businesses HAVE ENOUGH OF HIGH TAXES and MOVE OUT OF THE STATE? | Created by Staff.com Sources caltax.org • theeconomiccollapseblog.com • conservativehideout.com • deptofnumbers.com/unemployment/california • calwatchdog.com • blogs.wsj.com/economics/2012/07/30/which-states-have-worst-underemplo yment • theburningplatform.com • unionwatch.org • beyondchron.org • mcclatchydc.com o o onoo oo o IDT IDTI ID IDI