senators to pass an amendment-when most of them cherish presidential ambitions of their own and wouldn’t want competition from a charismatic movie star. Yet that’s impossible because, first, he would have to convince two-thirds of the U.S. Constitution to allow foreign-born citizens to run for the highest office. He actually thought he could amend the U.S. I wrote about that in 2010 in my review of “The Governator: From Muscle Beach to His Quest for the White House, the Improbable Rise of Arnold Schwarzenegger,” the excellent biography by Ian Halperin. It also brings up something few people know: He all along has wanted to be not just California governor, but president of the United States. Wilson and Schwarzenegger ignored that and damaged both the state and the Republican “brand.”įT talks about two new Schwarzenegger shows on Netflix and a new retrospective book from Taschen. Tax increases obviously discourage creating businesses and jobs, actually reducing tax revenues, as most Republicans know. Schwarzenegger’s later tax gouging, did not close the deficit of that year, but widened it, when revenues actually dropped from $42 billion in fiscal 1991-92 to $40 billion in 1992-93. Pete Wilson’s then-record tax increases of $7 billion in 1991. Schwarzenegger had called for “rebranding” the GOP because “it was dying at the box office.” But as everyone knows, the main plank in the Republican “brand” is low taxes. The only major tax not raised-the corporate tax-is the only tax that’s producing more revenue-up about $2.4 billion in the same period.”Ī file photo of former California Governor Arnold Schwarzenegger. But after nine months, California’s sales tax collections are down $270 million income tax collections are down $10 billion. “The taxes were supposed to produce $13 billion in additional revenue. California already had the highest sales and income taxes in the nation-he increased both. “Last April, he imposed the biggest tax increase by any state in American history, despite repeated warnings of the damage it would do to the state’s economy. 12, 2010, “California’s governor is seeking billions of dollars of additional federal aid to fill his ever-widening budget deficits. Tom McClintock said on the floor of the U.S. Then over his wild overspending in the mid-2000s, which inevitably led to the still-record $13 billion tax increase of 2009. Then over his $15 billion bond measure in 2004, Proposition 57, which papered over the state’s $40 billion budget deficit and precluded real budget reform, still needed. But that didn’t stop me from criticizing him, right away over his $550 million “midnight basketball” initiative in 2002, Proposition 49, which led inevitably to tax increases.
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