The $35 million Lou Correa would get for Orange County would COST us $1 billion

Update: Of course, Lou “North” Correa sold out and voted in favor of the tax — and against taxpayers.

State Sen. Lou Correa is a smart fellow. But he must have taken that New New Math back in grade school instead of real math.

In return for selling his vote for the $14 billion tax increases in Gov. Arnold’s Budget Abomination, Lou extracted from his fellow Democrats, who run the Legislature, $35 million more in state spending for Orange County (for the first year; more in subsequent years — if state Democrats keep their word, which they might not).

But Orange County’s 3 million residents are 8% of California’s 37 million. 8% of the $14 billion tax increase is  $1.12 billion.

Next: $1.12 billion – $35 million = $1.085 billion. That’s how much Lou’s vote would cost Orange County.

That’s $362 for each Orange County resident, each year, in higher taxes. And it’s $1,448 for a family of four, each year.

As I write on Sunday afternoon, Feb. 15, it’s still not too late for Lou to vote against this Budget Abomination.