Our legislators should probably be accountants rather than lawyers. I just took a glance at the budget plan on the California Budget Project website and instantly recalled Shakespeare’s thoughts on lawyers:  Henry VI, Part II, (Act IV, scene ii) – with apologies to my lawyer friends. But at least this solves the problem of what to do with all my federal stimulus dollars. Under the tax cuts Obama just signed into law, workers can expect to see an extra $13 per week in their paychecks for the second half of 2009. California just increased its sales tax by one percentage point and increased its personal income tax by 0.125 percentage points. So that popcorn I was planning on buying at the weekly movies with my stimulus money will now get forked over to the state coffers. But at least Hollywood gets $100 million per year in tax credits over the next five years under the new state budget…that should help keep the glitz in the Oscars, but how will we afford our popcorn?

Does this sound like our legislators are looking out for our interests? More later…