Arnold Schwarzenegger Invents New Language For Stealing

John Fund reports:

When politicians break their pledges not to raise taxes, they come up with the darnedest evasions. Take Gov. Arnold Schwarzenegger, who wants to levy new charges on California doctors, hospitals and employers to help pay for his $12 billion health-care plan. "It is not a tax, just a loan, because it does not go for general [expenditures]," he told the Sacramento Bee last Thursday. "It goes back to health care."

A loan? The first reaction of many Californians was: What state office will I be able to go to and get my loan back--perhaps with interest? It's preposterous, for example, to characterize as a "loan" the 4% payroll levy the governor wants to impose on employers who don't offer health benefits. California's gas taxes are dedicated to transportation but no one would call them "gas loans." Property taxes go to local education. Are they not taxes?

Anyone in the private sector lying like that would be sued for fraud.Nothing is lower than the ethics of the public sector.