Gene Beley does not share my approval of SB1, the transportation bill with a special earmark for the Valley:
“You could’ve interviewed a few citizens ranging from seniors to truck drivers to get their feedback on the damages that will be done and how everyone will be paying more for every commodity produced in California and probably from all over the USA for delivery in California,” Beley writes.
“Between the ever-rising property taxes in Stockton and the increased sales taxes and now the state’s forthcoming gas tax, when seniors don’t get any raise each year in SS and we can’t earn money on money anymore for our retirement savings via CDs, trouble brews ahead.
“Seniors will soon get pushed out of their homes and homelessness will increase greatly. Rents are already rising dramatically and more people will come here from the Bay Area to push up rents and home prices even more because they can’t exist over there. Our youngest son and his wife just moved here from San Francisco and are living with us until they remodel a houseboat in dry dock now at Ladd’s Marina that will go to Village West Marina for their new home when completed.
“Our oldest son and his wife live in a one bedroom slum apartment in Santa Clara for $1800 a month rent. We are lucky that we were born in 1939 and 1940—perhaps the last lucky generation that didn’t have to worry about having a decent place to live to raise our families, jobs were plentiful, and yes, we did make money when we sold our homes instead of having them being “under water.”
Beley’s point is well taken. Tax hikes hurt people on fixed incomes, especiall in already-costly California. Still, at least there’s a silver lining to SB1, the $400 million for ACE.