I hope all Californians get together on this and send in their taxes owed, the very same way. (See picture for details.)
Gio-
California turns to IOUs amid budget impasse
Reuters - Jim Christie - 28 minutes ago
SAN FRANCISCO (Reuters) – As California marked its second day of a new fiscal year without a budget agreement, the state government moved ahead on Thursday to issue billions of dollars in “IOUs” in order to avoid a cash crisis.
Funny (not) though…if you are a on the government teet, you’ll be getting paid with cash: Public Employees’ Retirement System, legislators, legislative employees and appointees, and judges.
[...] Read more here: Taxes Paid By I.O.U. ? « Giovanni's World [...]
Gio,
This is not the first time California has issued IOUs. By now, no one knows what’s going to get our state’s useless Assembly to actually do their job — resolve Cal’s monumental fiscal crisis of at least $25 billion deficit.
Thus far, the Republicans are holding firm against the Dems’ usual solution of raising taxes which will only make things worse. In the meanwhile, the libs out there are calling for a state constitutional convention to get rid of Prop 13 — the Left’s scapegoat for Cal’s $ problems.