Labor Union Blog

Here's one from the "just-when-you-think-you've-seen-it-all" file.

California is facing a $20 billion budget shortfall. Teachers are getting pink slips. Health care, social service, education and other budgets are being slashed to the bone. Gov. Arnold Schwarzenegger (R) warns that all Californians should get ready for some budget belt-tightening.

Well, almost all Californians.

Republican legislators twice this year blocked moves to close a tax loophole for their super-wealthy friends—the ones who just can't live without yachts or jet planes. The loophole let's the uber-rich buy their floating and flying palaces tax free!