Blaming Newsom
The 99 Cents Only chain is closing up shop. LA Times columnist Gustavo Arellano headed out to talk to a few customers about it:
“I blame [Gavin] Newsom,” said Rick Juarez, 53, referencing the California governor as he entered the store to stock up on batteries. He had shopped at this location for “at least” 20 years. “Too many taxes, too high the minimum wage. These companies just can’t compete, and so they have to close. And it’s poor people like us who end up suffering.”
I know, I know: this is just one random guy. Who cares? But it's hard to get so many things wrong in such a short comment: California's corporate tax rate is 8.84% and hasn't changed in 30 years. Newsom temporarily lowered corporate taxes in 2021 and swatted down a proposed tax hike last year.
California's minimum wage is tied to inflation. Newsom has nothing to do with it. And anyway, 99 Cents Only operates all over the west, not just in California.
But sure, blame Newsom. Why not? Someone on the radio probably says everything is all his fault.
Later: Newsom does share the blame for the state's dumb high-speed rail project: Newsom on high-speed rail: Same old crap. So does President Biden.
Kevin Drum, on the other hand, has always been good on the issue: California’s train to nowhere is such a dumb waste of money.
Here in San Francisco, I've posted about Gavin Newsom for years. Mostly I supported him after he tackled the city's homeless problem that helped him become mayor in days of yore.
City progressives never forgave Newsom, a liberal Democrat, for successfully beating them to the punch on an issue on which city residents clearly wanted action from city hall.
Pictured above is a one of the more creative anti-Newsom demonstrations in 2007.
One thing you can say about Newsom: he can take criticism, which he got a lot of here in Progressive Land, almost all of which came from the city's left.
Labels: California, City Hall, Democratic Party, Gavin Newsom, High-Speed Rail, History, Right and Left
2 Comments:
Corporate tax has nothing to do with it nor does inflation have anything to do with the minimum wage. If the corporate tax is raised companies just raise their prices as it just goes into the cost of doing business. Sort of a hidden sales tax on the public.
Minimum wage is based 100% on taxes. At $16 an hour 40 hours a week 160 hours a month full time your gross 2 week check is $2560. After all taxes a total of $553 your left with $2007 every 2 weeks. $241 of that $553 is federal which leaves you with $312 taken by the state every 2 weeks.
Same exact calculation at $20 an hour would be $3200. Total taxes $808 your left with $2392. Take away $382 federal tax now you’re left with $426 by the state tax every 2 weeks.
This difference in total pay after tax $2392 at $20 per hour every two weeks and per hour every two weeks and $2007at $16 per hour every two weeks after taxes is $385. Only this time Milk is double the price, your loaf of bread is no longer $3 it’s now $5.99, gas, electricity bill. Not to mention higher taxes in your utility bills then you have as one example and SF Use tax on your PGE bill. A tax for simply using electricity in sf. All because the state raised the min wage from $16 to $20 to grab an extra $114 in taxes from your pocket.
Big corporations are not angels. But the public is getting screwed by the state not corporations. That’s just an easy blame to point the finger off corporations. Take a person working full time paid by the hour having a hard time paying the bills making a living groceries triple in price full of frustration….. And the state comes along and says hey it wasn’t me I’m sorry we care about you we love you, it’s those damn greedy corporations are fucking you. It’ll take less than a second to get that person emotionally charged up and yelling yes fuck those corporations!!!! It’s their fault I can’t afford bread!
https://m.youtube.com/watch?v=AwgLetW-d0s&embeds_referring_euri=https%3A%2F%2Fwww.infowars.com%2F&source_ve_path=MjM4NTE&feature=emb_title
https://x.com/Breaking911/status/1779942621126754813
https://www.usatoday.com/story/news/nation/2024/04/11/california-homelessness-programs-audit-billions/73282144007/
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