To fiscal conservatives considering voting for Arnold Schwarzenegger in California's upcoming recall election, one can understand their ambivalence. They want to win. In California, Democrats out-register Republicans by a margin of 45 to 35 percent; Democrats dominate every major statewide office while controlling the state legislature; and Democrats control the city halls of virtually every major city.
But when Schwarzenegger added legendary stock-picker Warren Buffett to his team, fiscally conservative Republicans nearly choked on their cigars. Within days of Buffett's addition, he implied in a Wall Street Journal article that Californians paid too little in property taxes. Buffett once suggested that the IRS legitimately serves to redistribute the wealth from the rich to the poor and that, were he in charge, prepare yourself for an increase in the inheritance tax.
Schwarzenegger says he won't raise taxes, but left the door slightly ajar, "I think that I'm very, very much a believer that our people here in this state have not been under-taxed, that the government is overspent. Having said that, I disagree that we can't ever say never. Because we can have, a, you know, next year an earthquake, we can have a natural disaster, we could have a terrorist attack or something like that, so we can never say never."
But Hollywood liberals' hostility toward Schwarzenegger simply boggles the mind. Hollywood complains about so-called "runaway productions" to places like Canada, where reduced taxes and other incentives attract film production. Schwarzenegger promises to reduce taxes and regulations to retain businesses in California. And on the issue of taxes, Bill Clinton's former Secretary of Energy Bill Richardson (D) recently became governor of New Mexico, running under a similar platform. Richardson promised to lower taxes and to create a more business-friendly state by loosening regulations. He won office with 56 percent of the vote. Yet, liberals think of him as a good guy.
Schwarzenegger also said that as governor he intends to spare the state's education budget and last year successfully spearheaded an initiative to spend a half-billion dollars for pre- and after-school programs. And Schwarzenegger supports a woman's right to choose, gay adoptions and gun control. And while Schwarzenegger supported 1996 controversial "anti-immigrant" Proposition 187, to deny education and most healthcare benefits to illegals, he did not campaign to support it. Schwarzenegger and Gray Davis share the same views on the environment. Therefore, as far as "The Industry" is concerned, what's not to like?
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