12 Comments
User's avatar
Ron Tkacz's avatar

Eventually they’ll run out of other people’s money 💰

CAMitchel's avatar

Bad News Gov nes-cum

Jerrilyn Colangelo's avatar

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. ⭐️✨⭐️✨⭐️

the long warred's avatar

Crop the Tall Poppies. That’s the point of of the policy.

Augustine's avatar

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.

Sea Sentry's avatar

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.

c Anderson's avatar

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.

fool on the hill's avatar

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.

Sea Sentry's avatar

Governments will never go for this. It undermines their fundraising—> election—> rent seeking rinse and repeat formula.

Ruth H's avatar

CA’s kickbacks from Medicare and Medicaid, along with all the other fraud should fully fund this state. However, all the cronies and politicians are taking a big cut so the state can’t cover all the costs to maintain their government. CA is a circle of fraud and no matter how much they tax, will always come up short.

Paul O'Brien's avatar

Sure... Let me just stay here and pay that 🤣 /s