Great analysis. Money is a tool that entrepreneurs use to build the next generation of innovative products. Taking money away from entrepreneurs is like saying we should take tractors away from farmers because they have too many. What would a farmer do with an extra tractor? Grow more food for us! What would an entrepreneur do with his own money? Create more innovative products that benefit the rest of us.
This is one of the numerous reasons why having a political class is simply wrong. Representation in the US was never meant to be a vocation. It’s a service. There’s a big difference.
California government, like Oregon and Washington, is captured by the minority controlling the vote count, and are just stealing everything that they can. So correct, this won't solve anything, it will just go into their pockets, and the many "consultants" and "contractors" that are part of the structure. This is why the Train to Nowhere scam project cost skyrocketed and won't be built, never was intended to be, for instance. All that money went to consulting firms who dreamed up a ridiculous plan and nonsensical routes and pocketed the waste. then we have the clock watching no-talent employees who can rack up full benefits with 10 years of doing nothing but keeping their mouths shut, so nothing intelligent ever happens, since the decisions made are more for graft than progress. So the pension "obligation" continues to grow out of control.
It looks like those in the know are grabbing everything they can since they know this is all going to fail soon, so why worry about massive deficits? Steal all you can with the bought and paid for legislature.
I might have included Alabama and I believe Arkansas and West Virginia will be future hotbeds of innovation. might I just add that WV has about the best roads in this country and some of the beautiful landscape anywhere on earth.
The Left, progressives, the socialists, the democrats never learn anything. They are just poison. They are shortsighted. And they don't care if they are. I really find them to be a stupid group. There is nothing enlightening about them. The Mullahs are in the 7th century. These people like living in the nineteenth century. No thanks. I want my grandchildren to reach for the Stars. ⭐️✨⭐️✨⭐️
Without Federal Intervention into California’s Election Rigging Machine, any “results” are meaningless. The Communists have Commandeered the Ship of State, and are Intentionally Steering it toward the Rocks, so they can replace it with their “Utopian” Hell Scape.
A further problem in trying to get California’s wealthy to pay their “fair share” is that the state is overwhelmingly dependent on a small cohort of very rich taxpayers. The top 1% pay 40% of California’s income taxes. As our most productive citizens leave, other more friendly regions will begin to develop critical mass in terms of capital, skilled labor and entrepreneurship. You could then see a tipping
point, an accelerating rapid flight as these important job and wealth creators decamp to friendlier places like Austin. California’s revenue would then collapse as the state’s economic base vanishes. It won’t be a good time to be here in California.
The middle class becomes the political whipping boy once the wealthy run for the hills. The democrats know that moving to another state takes lots of immediate cash that the middle class doesn’t have, so they perpetuate the lie by draining just enough from the middle class to keep the “wealth tax”psyop rolling. Any downturn in the economy ends up being an unemployment nightmare and greater demand on the welfare system. Socialism is an ugly societal construct.
No nation or state has ever taxed and spent its way to prosperity….
Instead of Debt Based Budgeting, how about trying Zero Based Budgeting? 👇
Zero-based budgeting (ZBB) is a budgeting method where every dollar of income is assigned a specific purpose, ensuring that income minus expenses equals zero each month or year. This approach requires justification of all expenses for each new budget period, rather than simply adjusting previous budgets.
Great analysis. Money is a tool that entrepreneurs use to build the next generation of innovative products. Taking money away from entrepreneurs is like saying we should take tractors away from farmers because they have too many. What would a farmer do with an extra tractor? Grow more food for us! What would an entrepreneur do with his own money? Create more innovative products that benefit the rest of us.
Thank you! I did not know this.
Disturbing article proving the left does not know how to manage anything.
I await your report on vacancy taxes. Here is what Portland Oregon is considering:
https://www.youtube.com/watch?v=q_N0YS6BzNQ
This is one of the numerous reasons why having a political class is simply wrong. Representation in the US was never meant to be a vocation. It’s a service. There’s a big difference.
Another story about empty buildings in Seattle.
https://www.postalley.org/2025/10/30/seattles-ghost-towers-a-looming-crisis-that-will-affect-us-all/
Here is a story of what’s happening in Seattle because of the taxes and homeless encampments in Seattle.
https://komonews.com/news/local/seattle-vacant-building-fire-legislation-sfd-city-council-demolish-unsafe-firefighters-crisis-derelict-city-council
California government, like Oregon and Washington, is captured by the minority controlling the vote count, and are just stealing everything that they can. So correct, this won't solve anything, it will just go into their pockets, and the many "consultants" and "contractors" that are part of the structure. This is why the Train to Nowhere scam project cost skyrocketed and won't be built, never was intended to be, for instance. All that money went to consulting firms who dreamed up a ridiculous plan and nonsensical routes and pocketed the waste. then we have the clock watching no-talent employees who can rack up full benefits with 10 years of doing nothing but keeping their mouths shut, so nothing intelligent ever happens, since the decisions made are more for graft than progress. So the pension "obligation" continues to grow out of control.
It looks like those in the know are grabbing everything they can since they know this is all going to fail soon, so why worry about massive deficits? Steal all you can with the bought and paid for legislature.
Well done!! Thank God for the common sense Florida and Texas Governor’s
I might have included Alabama and I believe Arkansas and West Virginia will be future hotbeds of innovation. might I just add that WV has about the best roads in this country and some of the beautiful landscape anywhere on earth.
Eventually they’ll run out of other people’s money 💰
Bad News Gov nes-cum
The Left, progressives, the socialists, the democrats never learn anything. They are just poison. They are shortsighted. And they don't care if they are. I really find them to be a stupid group. There is nothing enlightening about them. The Mullahs are in the 7th century. These people like living in the nineteenth century. No thanks. I want my grandchildren to reach for the Stars. ⭐️✨⭐️✨⭐️
Crop the Tall Poppies. That’s the point of of the policy.
Without Federal Intervention into California’s Election Rigging Machine, any “results” are meaningless. The Communists have Commandeered the Ship of State, and are Intentionally Steering it toward the Rocks, so they can replace it with their “Utopian” Hell Scape.
A further problem in trying to get California’s wealthy to pay their “fair share” is that the state is overwhelmingly dependent on a small cohort of very rich taxpayers. The top 1% pay 40% of California’s income taxes. As our most productive citizens leave, other more friendly regions will begin to develop critical mass in terms of capital, skilled labor and entrepreneurship. You could then see a tipping
point, an accelerating rapid flight as these important job and wealth creators decamp to friendlier places like Austin. California’s revenue would then collapse as the state’s economic base vanishes. It won’t be a good time to be here in California.
The middle class becomes the political whipping boy once the wealthy run for the hills. The democrats know that moving to another state takes lots of immediate cash that the middle class doesn’t have, so they perpetuate the lie by draining just enough from the middle class to keep the “wealth tax”psyop rolling. Any downturn in the economy ends up being an unemployment nightmare and greater demand on the welfare system. Socialism is an ugly societal construct.
No nation or state has ever taxed and spent its way to prosperity….
Instead of Debt Based Budgeting, how about trying Zero Based Budgeting? 👇
Zero-based budgeting (ZBB) is a budgeting method where every dollar of income is assigned a specific purpose, ensuring that income minus expenses equals zero each month or year. This approach requires justification of all expenses for each new budget period, rather than simply adjusting previous budgets.
Many corporations would benefit from this, regarding investment money. The majority of startups fail due to CEO mismanagement of funds.
Governments will never go for this. It undermines their fundraising—> election—> rent seeking rinse and repeat formula.