
According to the La Times, There are billions of dollars in cuts to schools, health care institutions, higher education and programs for the poor.
If signed by Gov. Arnold Schwarzenegger, who helped devise the package, the plan also would raise personal income taxes and the state sales tax, although a 12-cent-per-gallon increase in gasoline taxes was eliminated in the final hours. The gas tax would be replaced with federal economic stimulus money.
The final version of the plan would raise the state sales tax by 1 percentage point and nearly double the vehicle license fee, to 1.15%. The plan would reduce the dependent credit that Californians are allowed to claim on their taxes. The package also would increase personal income tax rates by 0.25 of a percentage point.
My Rant:
Stop and wait a minute because this really Sucks! Poor people are the ones hurting and getting people to own homes now a days isn't really easy! If the Arnold signs this cramp people are going to hate him! You need to get on that Bailout Bill and see if You can get some help! Don't let jobs be taken away, higher inflation on everything from milk to gas. Because the government wont tax people who have more money and income than people who don't even make in a year, what thy make in a week!
I Know you worked hard for your money but on the other had to reporting major profits while people cant eat is horrible. Maybe you make around a 100,000 a year and you have health benefits and life's great, but they want to raise your taxes. Then think if your a person who is working for your company part- time and they cannot afford health and dental care, they live in low income housing and life really fucking sucks! So do away with the little programs that they have if you like, but remember if we all gave just a little we would all need a whole lot less!

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