Los Angeles may have invented gridlock in one sense, but partisan
politics has created a much more dangerous version. Now the Golden State
may be ready to cry "Eureka" again.
Not gold this time. But more the Archimedes version. A solution. He stepped into a bath full of water and saw the level rise. In the
California and American case, the answer would be that there is no free
lunch. Bills must be paid.
On Monday a group of billionaires,
celebrities and others are releasing a plan to use their money and
brains to get the state out of debt that is destroying it.
"As
Washington is in gridlock, maybe California can lead the way again by
showing that we know how to fix things," former Assembly Speaker Bob
Hertzberg told the Sacramento Bee.
He is a member of "The Think
Long Committee for California." The group is going to try to get an
initiative on the ballot that would raise $10 billion to get the state
back on the yellow brick road.
At first glance it seems another
pie in the sky scheme. First, it costs millions to get an initiative on
the ballot. Second, it costs even more for TV and other political
expenses to get it passed.
Of course California has more Warren
Buffetts than any other state. Some have signed on, as well as
celebrities like former Gov. Arnold Schwarzenegger. Current governor
Jerry Brown isn't ready to join, although he has tried and failed to
raise taxes.
"The problem with most initatives is funding. That's
not a problem this group will have," committee adviser Nathan Gardels
told the Los Angeles Times. It also will create a watchdog committee to
avoid some of the mistakes that led to this situation.
Everyone
would end up paying somewhat more, though low- and middle-income
families would pay less in state taxes. It is a commplicated plan that
is to be released Monday. The goal is to raise 11 percent more in state
revenue.
It is hoped to get it on the ballot next year.
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