Thursday, May 19, 2011

Vernon CA, private sector government

California City News has the story.

Vernon has less than a hundred residents, but a lot of industry.  It is a city government that caters to industry, within commuting distance of Los Angeles.  Anything wrong? Well industry like Vernon because business taxes are low.  Los Angeles does not like Vernon because Los Angeles takes business taxes and converts them to public employee pensions.  Vernon also engages in a bit of corruption now and then.

So we have a battle, and Assembly Speaker John Perez wants to dis-incorporate Vernon and try to nab some business taxes for Los Angeles.   My opinion is simple, Los Angeles politicians will bankrupt Los Angeles, whether they nab Vernon or not. One side note, Rick Perry of Texas is inviting all of Vernon businesses to move to Texas.

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