See this post: More Libtard Palsy to Go Over for the Weekend
I made mention of this action in California in the above post but...there's more at Memeorandum. This is really too much, actually. What's going on in California? Who is collecting what and how are they going to pay back this HUGE loan?
The amount goes up 10% on Sunday as Sacramento borrows from taxpayers. Technically, it's not an income tax increase: You'll get the money back eventually. — Reporting from Los Angeles and Sacramento - Starting Sunday, cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear. [...]
Just how is California "going to pay this back"? HUH? This fits in with Obamacare, PelosiCare and ReidCoCare, doesn't it? See Doug Powers: Obamacare: The More You’re Fined, the Cheaper It’ll Be.
Perhaps the California "interest free loan" - INTEREST FREE? - is a State constitutional issue but the Obamacare crap is not.
[...] Obamacare: The more you’re fined and taxed, the lower the cost: [...]
Sounds like California.
[...] WASHINGTON -(Dow Jones)- The Congressional Budget Office said Thursday a U.S. House health-care system re-write would extend health insurance to 96% of the nonelderly U.S. population by 2019, and spend $1.055 trillion to do so.
Penalties imposed on individuals who did not purchase insurance, and employers who did not offer coverage to their workers, would raise $161 billion over that time-frame. That brings the net cost of the bill to $894 billion through 2019, CBO said.
House Democrats have seized on that net cost figure to claim that their bill is below President Barack Obama’s upper limit which he set for health-care legislation of $900 billion. [...]
Sounds like an UNCONSTITUTIONAL issue to me. And you? What think y'all?
See these posts: PelosiCare: A Curiously Unconstitutional "Bill" and Patrick Leahy: (Asshat) No One Questions Our Authority To Impose Federal Insurance Mandate?.