State Sen. Lou Correa is a smart fellow. But he must have taken that New New Math back in grade school instead of real math.
In return for selling his vote for the $14 billion tax increases in Gov. Arnold’s Budget Abomination, Lou extracted from his fellow Democrats, who run the Legislature, $35 million more in state spending for Orange County (for the first year; more in subsequent years — if state Democrats keep their word, which they might not).
But Orange County’s 3 million residents are 8% of California’s 37 million. 8% of the $14 billion tax increase is $1.12 billion.
Next: $1.12 billion – $35 million = $1.085 billion. That’s how much Lou’s vote would cost Orange County.
Lou, it’s easy to say yes, don’t take the easy way out, fight for our future. “NO new tax’s”. Every penny counts, now more than ever.