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<P mce_keep="true">According to yesterday's New York Times, Gov. Schwarzenegger is asking the state legislature for a $4.4 billion tax increase to balance the California budget.  If his proposal is adopted, California will have the highest sales tax and one of the highest income tax rates of any state in the U.S.  This just might cause a few of those who voted for HSR to wish that they could take back their vote.  On the other hand, it probably would not.  Most of the people who voted for the HSR proposal probably have little if any idea how the project will be funded or the total cost of it.</P> <P mce_keep="true">My retirement community north of Austin, Texas, is heavily populated by former Californians.  They fled for a variety of reasons.  One of them was a crushing tax burden.</P>
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