Why NOT Raise Taxes?
A friend of mine has bi-polar disease. She has worked for periods in her life and she’s looking for a part time job now. But for several years she has lived on government assistance in a government subsidized SRO.
It differs from most privately owned SRO’s: The building is well kept and well supervised and there are services on site. There are no rats and no mould and no one shooting up in the hallway. The bathroom is shared with only one other person. But her entire home is one-third the size of my studio apartment. There is a stove burner, a microwave and a mini-refrigerator with no freezer; she can’t save money by buying larger quantities of food. Her place costs $650. Her check is somewhere in the $800’s.
According to the California Labor Federation, the most recent corporate tax breaks give away $2.5 billion a year, every year, to a handful of the world’s largest corporations.
These tax breaks have no value to the state or the majority of its businesses. They do not create jobs or soften the economic blow so many families are facing. Ending them won’t drive corporations from California.
California’s health and human services have already been slashed $26 billion, and now Governor Schwarzenegger is pushing another round of major cuts to education, health care, public safety and other vital services. He will not increase taxes on anyone or anything.
Seniors will lose their cost of living increase for 2 years, plus employment services, adult protective services, and home delivered meals. Poor families will make 4% less at CalWORKS, reducing a family of 3 to $694 a month. People like my friend will have another 30 to 60 dollars cut from their support.
Many of these folks are working. Many others are struggling to get even a part time job.
Corporations are no strangers to government subsidy. They know what it is to need a lifeline, as my friend does. Why shouldn’t corporations pay as much as individuals and local businesses do for the privilege of working in San Francisco.