California Withholding Tax

Maybe some of you have heard.  I had heard, but forgot until this morning when I checked my bank account.  I get paid on the 15th, which is Sunday, so it rolls forward to today.  I took a look at my deposit and noticed it was less than normal.  I thought, hmmm that’s funny.  Wonder why.  I may need to look at my stub and speak with my employer to see what the deal is.

Then I remembered….

To fix its current budget problems, the CA government has decided to withhold a larger portion of your income for taxes.  So basically, rather than making a  real fix, they are stealing from future tax collections to pay for current shortfalls.  Seriously, what kind of idiots do we have in Sacramento?  I’ll be really pissed if next year I am owed a refund because of this and CA sends me an IOU.  It’s criminal.  Really.  I definitely know Schwarzenegger had to sign off on it. He is the worst governor ever.  Does anyone think he’s a republican or is doing a good job?

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This entry was posted on Friday, November 13th, 2009 at 7:47 am and is filed under California's Troubles, Government Spending, Taxes, budget. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

6 Responses to “California Withholding Tax”

  1. Fernando Says:

    Sorry, buddy. That just flat out stinks. It gives you one more reason to find a new state to live in. :)

  2. Sara Says:

    Thank you for reminding me how grateful I am that I don’t live there anymore. We finally got our tax return last week for 2008 from them. It’s about time.

  3. Rachel Says:

    That is so freaking ridiculous. Ugh.

  4. Eric Says:

    I feel like I have to stick up for California now after reading the above comments. There are many, many dumb things about the state. But they’re steering the 8th largest economy in the world. If California was a country, it would be part of the G-8. And the reason it’s so big is because millions of people have moved here for the great weather and diverse landscapes. I don’t agree with most of the fiscal actions taken by our Congress, especially increasing withholding rates, so I am hoping that the urgency of the current economic environment will change the way the state recklessly spends money. But I’m still willing, at this point at least, to put up with all that for what I get in return in climate and diversity.

  5. Fernando Says:

    @Eric: I still love California and I’m reminded of that every time that I visit home. I’m just happy to not be dealing with the high cost of living. I do get the shaft when it comes to property taxes, but otherwise enjoy a fairly low cost of living.

  6. Jason Says:

    Everything good I can think about related to California has nothing to do with the government. The weather and beachers weren’t created by the government. Mostly, the negative things about CA come from poor legislative plans.

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