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There’s a memorable line in John Carpenter’s classic remake of The Thing, when Palmer (David Clennon) watches a severed, upside-down human head sprout legs and scuttle across the floor: “You’ve got to be f****ing kidding me.”
That’s pretty much my reaction to this.
California’s budget woes have resulted in the state “paying” a number of its vendors with IOU’s. That’s a bad enough situation as these businesses who have already provided the goods and/or services purchased to the government have to keep paying their bills (and not with IOU’s), but now the state wants them to pay taxes on the IOU’s they’ve received as if they were income.
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