Arnold A. Schwarzenegger, California Governor's Address (2004)
“ The fact of the matter is that we do not have a tax crisis; we do not have a budget crisis; we have a spending crisis.We cannot tax our way out of this problem. More taxes will destroy what we are trying to save which is jobs and revenue.Jobs bring revenue to the state, and revenue allows us to do the right things for education, for the environment, for the disabled, for the elderly and those in need.A tax increase would be the final nail in California's financial coffin. ”
