Friday, November 21, 2008

Garamendi and California

Filed under: California — by Joyce Cole @ 8:50 am

He must be running for something…He gave a (surprisingly) supportive and great speech for Durston. Check this Tim Redmond SFBay Guardian article.

You know things are getting bad when John Garamendi starts talking about raising taxes.

Garamendi, the lieutenant governor, has never been known as a tax-and-spend liberal; in fact, he’s run for high office in the past on a platform of law-and-order and no new taxes. But he’s now on the Board of Regents of the University of California, and on the California State University Board of Trustees, and he sees first hand how horrible the budget situation for higher education is. And when I talked to him today at the Regents meeting, he was sounding downright populist.

“In this current budget year, the only significant tax increase has been a quarter-billion tax increase on UC students,” he said. “That’s what these higher fees are, a tax on students.”

He’s not happy with the next round of proposed cuts:

“We need to make the argument that education is the most crucial infrastructure investment the public sector can make,” he told me in an interview outside the meeting hall at the new Mission Bay campus. “California has a $2 trillion dollar economy. We can find the money for education.”

He’s right, of course.

So where would he look for that money? He told me he would support restoring the motor vehicle fee that Gov. Schwarzenegger disdainfully calls the “car tax.” He’s willing to look for a broader sales tax. He wants an oil severance tax (“Gov. Palin has it right, she taxes the oil companies.”) He’s even talking about raising the marginal tax rate on big corporations: “Chevron pays 8.5 percent, and so does a mom-and-pop outfit,” he said. “Let’s raise the taxes on Chevron.” (He did not mention raising income taxes on the rich.)

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Words for Acts

Of all the enemies of public liberty, war is perhaps the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies. From these proceed debt and taxes. And armies, debts and taxes are the known instruments for bringing the many under the domination of the few...No nation could preserve its freedom in the midst of continual warfare.

James Madison, 1795



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