Monday, November 2, 2009

Power Line - California vs. Texas: The Verdict Is In

Power Line - California vs. Texas: The Verdict Is In: "But those higher taxes in California must be going somewhere. Why aren't they benefiting those many thousands of citizens who are leaving the state for greener pastures?

In what respects, then, does California 'excel'? California's state and local government employees were the best compensated in America, according to the Census Bureau data for 2006. And the latest posting on the website of the California Foundation for Fiscal Responsibility shows 9,223 former civil servants and educators receiving pensions worth more than $100,000 a year from California's public retirement funds. The 'dues' paid by taxpayers in order to belong to Club California purchase benefits that, increasingly, are enjoyed by the staff instead of the members."

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