Living Within Our Means
By Tom Campbell
California should spend no more than it raises in taxes (except for long-range infrastructure projects suitable for bonds). Further, California should adhere to a policy of not raising taxes, barring a true (and rare) emergency. State government should budget based on existing taxes, rather than proposing increased expenditures fueled by increased taxes. The natural growth of the state’s revenue, as our population and economy grow, is enough for our state’s reasonable spending needs. We have to learn to live within our means. Others are constantly imagining new spending programs and proposing higher taxes to pay for them. It requires discipline to spend no more than we have, and a respect for the fact that the government doesn’t own the revenue it collects—the people do.
Comparative State Tax Burdens:
State and Local Taxes
California - 11.4% (#4)
NY - 12.6% (#1)
NJ - 12.3% (#2)
AZ - 8.9% (#34)
TX - 7.5% (#47)
Property Taxes (average percent of market value)
California - 0.81% (#34)
NY - 1.64% (#11)
NJ - 2.38% (#1)
AZ - 0.80% (#36)
TX - 1.90% (#6)
Highest-Bracket Income Tax
California - 13.3 (#1)
NY - 8.82% (#8)
NJ - 8.93% (#6)
AZ - 4.54% (#40)
TX - 0 (#51)
Gas Tax (cents per gallon)
California - 53.5 (#1)
New York - 42.64 (#3)
NJ - 14.50 (#49)
AZ - 19.00 (#43)
TX - 20.00 (#42)
Income Tax at $50,000
California - 4.34%
NY - 5.46%
NJ - 2.54%
AZ - 3.06%
TX - 0
Sales Tax
California - 7.5% (#1)
NY - 4.0% (#38)
NJ - 7.0% (#2)
AZ - 5.6% (#28)
TX - 6.25% (#12)
Sources: Tax Foundation, Forbes, American Petroleum Institute
The above are statements on several public policy issues drafted by Tom Campbell, former US Congressman, former California State Senator, former Director of Finance for California, and currently Interim Chairman of the Common Sense Party. They are meant to initiate consideration of several important issues; they are not the official views of the Common Sense Party. Please feel free to submit your own thoughts on these issues on the Open Policy Discussion Page.
