California Taxpayers to get an IOU?

According to Gregory of Yardale at Moonbattery.com:

The Moonbat-Run State of California has figured out a way to help itself to more of the taxpayers money without technically raising taxes. The LA Times explains.

Starting Sunday, cash-strapped California will dig deeper into the pocketbooks of wage earners -- holding back 10% more than it already does in state income taxes just as the biggest shopping season of the year kicks into gear.

Technically, it's not a tax increase, even though it may feel like one when your next paycheck arrives. As part of a bundle of budget patches adopted in the summer, the state is taking more money now in withholding, even though workers' annual tax bills won't change.

Think of it as a forced, interest-free loan: You'll be repaid any extra withholding in April.

Sure, the taxpayers will get it back, or maybe they'll just get an IOU. So, basically, a person who works hard for a living is going to get a pay cut so that welfare benefits to illegal immigrants and the bloated rolls of state employees can go on as usual.

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Southern States get ready for a mass exodus of Californians heading your way. . . . California has already been issuing IOUs for months now, so why do these taxpayers actually think they are going to get their money back next year? This is exactly what happens when you elect a RINO like Arnold. . . .and libs who believe like Secretary of State Hillary Clinton, who said a couple of days ago in Pakistan "We [the United States] tax everything that moves and doesn’t move". . . . .du

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http://www.moonbattery.com/archives/2009/10/california_temp.html

To read more go to:
http://hotair.com/archives/2009/10/31/california-takes-interest-free-loan-from-working-people/

http://yesbuthowever.com/hillarys-tax-quote-pakistan-8136103/