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Does San Diego have a revenue problem or a spending problem? Last year the city took in record tax revenue of nearly $2.1B. But spending, fueled by excessive staffing increases, is rising even faster which created the $240M structural deficit. Even with the record spending and staffing, the city’s... show more

Richard Bailey

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30,501 Aufrufe • vor 11 Monaten •via X (Twitter)

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City fees for rec leagues like Volo Sports are increasing by nearly 200% to help the city close a $250M structural deficit. The deficit is fueled by excessive staffing which grew by 43% in the Parks and Rec department even while the city’s population was flat. Now the city is forcing league organizers to pay for the city’s bad financial decisions which will undoubtedly be passed onto the players.

City fees for rec leagues like Volo Sports are increasing by nearly 200% to help the city close a $250M structural deficit. The deficit is fueled by excessive staffing which grew by 43% in the Parks and Rec department even while the city’s population was flat. Now the city is forcing league organizers to pay for the city’s bad financial decisions which will undoubtedly be passed onto the players.

Richard Bailey

10,810 Aufrufe • vor 11 Monaten

The City of SD just released its latest budget numbers and….it isn’t looking good. Despite all of the new fee increases, the City just posted a $23M deficit for Q1. The latest report confirms, the City does not have a revenue problem, it continues to have a spending and management problem that can only be solved through organizational reforms and a renewed focus on prioritizing the City’s core responsibilities.

The City of SD just released its latest budget numbers and….it isn’t looking good. Despite all of the new fee increases, the City just posted a $23M deficit for Q1. The latest report confirms, the City does not have a revenue problem, it continues to have a spending and management problem that can only be solved through organizational reforms and a renewed focus on prioritizing the City’s core responsibilities.

Richard Bailey

29,140 Aufrufe • vor 7 Monaten

Washington is collecting more money than ever. But it's also spending the most. So it’s not a revenue problem—it’s a spending problem. 60% of Americans believe that spending limits should accompany any debt limit increase. That's exactly what Republicans are fighting for.

Washington is collecting more money than ever. But it's also spending the most. So it’s not a revenue problem—it’s a spending problem. 60% of Americans believe that spending limits should accompany any debt limit increase. That's exactly what Republicans are fighting for.

Kevin McCarthy

2,318,416 Aufrufe • vor 3 Jahren

Former Mayor of Coronado says San Diego Democrats are quietly preparing a bunch of new taxes - Approved paying consultants half a million dollars to do research on ways to tax residents more - County sales tax - County transfer tax - City of San Diego tax - City of SD Airbnb & 2nd home bedroom tax - SANDAG sales tax These are all things he expects to be on the 2026 ballot to get more revenue from residents “San Diego is already expensive, and these proposed tax measures, on top of the new trash and parking fees, would hit most of us — The region does not have a revenue problem. It has a spending and management problem”

Former Mayor of Coronado says San Diego Democrats are quietly preparing a bunch of new taxes - Approved paying consultants half a million dollars to do research on ways to tax residents more - County sales tax - County transfer tax - City of San Diego tax - City of SD Airbnb & 2nd home bedroom tax - SANDAG sales tax These are all things he expects to be on the 2026 ballot to get more revenue from residents “San Diego is already expensive, and these proposed tax measures, on top of the new trash and parking fees, would hit most of us — The region does not have a revenue problem. It has a spending and management problem”

Wall Street Apes

70,345 Aufrufe • vor 8 Monaten

HASSETT: "If we get 3% growth, then that increases revenue by $4T, which is WAY more than the deficit increase that CBO estimates for the cost of the bill. So, this bill by itself is going to reduce the deficit, but we're also coming after spending BIG with rescissions packages."

HASSETT: "If we get 3% growth, then that increases revenue by $4T, which is WAY more than the deficit increase that CBO estimates for the cost of the bill. So, this bill by itself is going to reduce the deficit, but we're also coming after spending BIG with rescissions packages."

Rapid Response 47

333,820 Aufrufe • vor 1 Jahr

Elon Musk Says We Have to Cut Government Spending Immediately "The reality is that all government spending is actually taxation. Sometimes people think some of it is taxation and some of it's not, but it's all taxation, because the part that is not covered by tax revenue becomes inflation. So you're either taxed directly or you're taxed by inflation, but you are for sure taxed. And so all government spending is taxation. So we have to reduce government spending overall. This will be forced upon us in the future because already just the interest payments on the debt are 23% of all federal tax revenue. Just the interest payments. The interest payments now exceed the Defense Department budget, which is a trillion dollars a year. That's a lot of money." Elon Musk

Elon Musk Says We Have to Cut Government Spending Immediately "The reality is that all government spending is actually taxation. Sometimes people think some of it is taxation and some of it's not, but it's all taxation, because the part that is not covered by tax revenue becomes inflation. So you're either taxed directly or you're taxed by inflation, but you are for sure taxed. And so all government spending is taxation. So we have to reduce government spending overall. This will be forced upon us in the future because already just the interest payments on the debt are 23% of all federal tax revenue. Just the interest payments. The interest payments now exceed the Defense Department budget, which is a trillion dollars a year. That's a lot of money." Elon Musk

Chief Nerd

13,856,480 Aufrufe • vor 1 Jahr

To the surprise of, well, no one, a budget task force appointed by Mayor Brandon Johnson has recommended tax increases to solve Chicago's massive budget gap. This task force was a sham all along. Here is why: Hilariously, the mayor parroted one point highlighted in the final report: "We do not have a spending problem in Chicago. we have a revenue problem." What a crock. Chicago has a massive but unacknowledged spending problem.

To the surprise of, well, no one, a budget task force appointed by Mayor Brandon Johnson has recommended tax increases to solve Chicago's massive budget gap. This task force was a sham all along. Here is why: Hilariously, the mayor parroted one point highlighted in the final report: "We do not have a spending problem in Chicago. we have a revenue problem." What a crock. Chicago has a massive but unacknowledged spending problem.

Chicago Contrarian

38,263 Aufrufe • vor 10 Monaten

🚨 JUST NOW: Jay Collins rips Florida’s exploding property tax burden, which has ballooned from $31 billion to $61 billion since 2019, declaring it’s not an income problem but a reckless spending and lack-of-accountability problem at the city and county level Jay Collins: "We don't have an income problem. We have a spending problem at the city and county level. That has to be stopped."

🚨 JUST NOW: Jay Collins rips Florida’s exploding property tax burden, which has ballooned from $31 billion to $61 billion since 2019, declaring it’s not an income problem but a reckless spending and lack-of-accountability problem at the city and county level Jay Collins: "We don't have an income problem. We have a spending problem at the city and county level. That has to be stopped."

Florida’s Voice

29,528 Aufrufe • vor 1 Monat

The City of san Diego only has about $200M in GF reserves which is enough to fund just five weeks of city operations. Despite record high tax revenue of $2.1 billion last fiscal year, the city failed to put any additional funds in the reserves which leaves the city increasingly vulnerable to unforeseen revenue decreases and expense increases. In 2019, the City had about 19% of annual revenues in reserves but that number has now dropped to 11% - below the City established policy of 16.7%. The City has some one-time funds it can tap before using reserves, but at the current burn rate, the city is likely to be completely out of money within just 18-24 months.

The City of san Diego only has about $200M in GF reserves which is enough to fund just five weeks of city operations. Despite record high tax revenue of $2.1 billion last fiscal year, the city failed to put any additional funds in the reserves which leaves the city increasingly vulnerable to unforeseen revenue decreases and expense increases. In 2019, the City had about 19% of annual revenues in reserves but that number has now dropped to 11% - below the City established policy of 16.7%. The City has some one-time funds it can tap before using reserves, but at the current burn rate, the city is likely to be completely out of money within just 18-24 months.

Richard Bailey

19,100 Aufrufe • vor 6 Monaten

Mamdani proposes a pied-à-terre tax, which would essentially double the property tax for those with a second home valued over $5M in the city. This is a false promise. It's a lie. Taxing the rich never works. The government has a spending problem, not a revenue problem. When they use “tax the rich” as an excuse to increase spending, and then the rich leave, they will not scale back spending. Instead, the burden shifts to the middle class, until everyone is equally poor and government corruption thrives. Somehow through all of this, the government officials all get rich. Mamdani is selling a lie. Don't be stupid enough to fall for it.

Mamdani proposes a pied-à-terre tax, which would essentially double the property tax for those with a second home valued over $5M in the city. This is a false promise. It's a lie. Taxing the rich never works. The government has a spending problem, not a revenue problem. When they use “tax the rich” as an excuse to increase spending, and then the rich leave, they will not scale back spending. Instead, the burden shifts to the middle class, until everyone is equally poor and government corruption thrives. Somehow through all of this, the government officials all get rich. Mamdani is selling a lie. Don't be stupid enough to fall for it.

Avery Daye

191,236 Aufrufe • vor 3 Monaten

Instead of "Draining the Swamp," the Trump Administration has stepped on the accelerator to bankruptcy. Government deficit spending continues to skyrocket, with a whopping $291 Billion deficit in July alone. This is up 20% year-over-year! It is impossible for the government to fix its spending problem by vastly spending more money -- that it doesn't have. The American standard of living will continue to erode. Watch Ron Paul & Chris Rossini below:

Instead of "Draining the Swamp," the Trump Administration has stepped on the accelerator to bankruptcy. Government deficit spending continues to skyrocket, with a whopping $291 Billion deficit in July alone. This is up 20% year-over-year! It is impossible for the government to fix its spending problem by vastly spending more money -- that it doesn't have. The American standard of living will continue to erode. Watch Ron Paul & Chris Rossini below:

Ron Paul

60,625 Aufrufe • vor 11 Monaten

Republican Congressman Rep. David Schweikert makes a great point here. The scale of U.S. spending and borrowing is so massive that eliminating entire departments or slashing foreign aid won’t solve the problem. We don’t have a spending crisis—we have a revenue crisis. It’s time billionaires pay their fair share. Sure, cuts can be made, but without addressing the revenue shortfall, the deficit won’t be fixed. And Republicans want to abolish the IRS? Seriously?

Republican Congressman Rep. David Schweikert makes a great point here. The scale of U.S. spending and borrowing is so massive that eliminating entire departments or slashing foreign aid won’t solve the problem. We don’t have a spending crisis—we have a revenue crisis. It’s time billionaires pay their fair share. Sure, cuts can be made, but without addressing the revenue shortfall, the deficit won’t be fixed. And Republicans want to abolish the IRS? Seriously?

Ed Krassenstein

110,242 Aufrufe • vor 1 Jahr

$10/HR 🅿️ downtown for Padres games starts today for all of us….except SD city staff. City Hall’s message to downtown workers and visitors is to “take transit.” But the city doesn’t tell its own staff to take transit. Instead the city actually uses your tax dollars to subsidize city employee parking downtown near city hall. In 2015, the City Council approved a parking contract that uses general fund revenue to subsidize city employee parking in downtown lots near city hall leaving employees paying just $2/day or less than $0.25/HR. The contract is still in effect and costs taxpayers hundreds of thousands of dollars a year. New parking meter revenue will free up general funds to continue subsidizing parking for city staff while all of us pick up the tab to help close the city’s $250M deficit.

$10/HR 🅿️ downtown for Padres games starts today for all of us….except SD city staff. City Hall’s message to downtown workers and visitors is to “take transit.” But the city doesn’t tell its own staff to take transit. Instead the city actually uses your tax dollars to subsidize city employee parking downtown near city hall. In 2015, the City Council approved a parking contract that uses general fund revenue to subsidize city employee parking in downtown lots near city hall leaving employees paying just $2/day or less than $0.25/HR. The contract is still in effect and costs taxpayers hundreds of thousands of dollars a year. New parking meter revenue will free up general funds to continue subsidizing parking for city staff while all of us pick up the tab to help close the city’s $250M deficit.

Richard Bailey

31,048 Aufrufe • vor 11 Monaten

The US Government does not have a revenue problem. It has a spending problem. As someone who has been consistently pounding this drum, I am very thankful for Elon Musk and the Department of Government Efficiency team for the work they are doing.

The US Government does not have a revenue problem. It has a spending problem. As someone who has been consistently pounding this drum, I am very thankful for Elon Musk and the Department of Government Efficiency team for the work they are doing.

Mike Lee

23,443 Aufrufe • vor 1 Jahr

WATCH: Florida CFO Blaise Ingoglia took aim at Jacksonville today, revealing the city's wasteful and excessive spending didn't just continue, it actually got much WORSE this fiscal year. Blaise Ingoglia: "The question is, did the city of Jacksonville do a better job in the 25-26 year? And the answer is not even close, a lot worse."

WATCH: Florida CFO Blaise Ingoglia took aim at Jacksonville today, revealing the city's wasteful and excessive spending didn't just continue, it actually got much WORSE this fiscal year. Blaise Ingoglia: "The question is, did the city of Jacksonville do a better job in the 25-26 year? And the answer is not even close, a lot worse."

Florida’s Voice

25,425 Aufrufe • vor 1 Monat

The County of San Diego is quietly preparing a new tax measure for the 2026 ballot. Between the City of San Diego, County of San Diego, and SANDAG, there could several tax increases on the 2026 ballot: -City of SD sales tax -City of SD bedroom tax on airbnb and 2nd homes -County of SD sales tax -County of SD transfer tax -SANDAG sales tax Until government agencies undergo major structural reform to get back to the basics, more tax and fee increases are likely on the way.

The County of San Diego is quietly preparing a new tax measure for the 2026 ballot. Between the City of San Diego, County of San Diego, and SANDAG, there could several tax increases on the 2026 ballot: -City of SD sales tax -City of SD bedroom tax on airbnb and 2nd homes -County of SD sales tax -County of SD transfer tax -SANDAG sales tax Until government agencies undergo major structural reform to get back to the basics, more tax and fee increases are likely on the way.

Richard Bailey

11,833 Aufrufe • vor 9 Monaten

The tax men don’t even care about source of your income, all they want is to tax it. Nigerians are not ready for these taxes at this time! The Nigerian problem is not a revenue problem, it is that we have squandamaniacs in power. #nigeria #taxes

The tax men don’t even care about source of your income, all they want is to tax it. Nigerians are not ready for these taxes at this time! The Nigerian problem is not a revenue problem, it is that we have squandamaniacs in power. #nigeria #taxes

Zekeri Idris Jnr

23,191 Aufrufe • vor 7 Monaten

📈The UK just borrowed £151.9 BILLION in 2025. 💥 We are paying some of the highest taxes in history, yet we're still borrowing hundreds of billions just to keep the lights on. ➡️ The math is simple: We don't have a revenue problem. We have a spending problem on welfare & the public sector.

📈The UK just borrowed £151.9 BILLION in 2025. 💥 We are paying some of the highest taxes in history, yet we're still borrowing hundreds of billions just to keep the lights on. ➡️ The math is simple: We don't have a revenue problem. We have a spending problem on welfare & the public sector.

Jamie Jenkins

37,057 Aufrufe • vor 6 Monaten