The Wealth Exodus Is Live: Watch California Die
SEIU-UHW's asset seizure tax has already cost the state $16.4 billion per year in lost revenue—and it hasn't even passed yet.
California's nonpartisan Legislative Analyst's Office just confirmed what critics have long argued: state spending grew 70% since the pandemic while revenue grew only 60%, producing structural deficits of $20–30 billion annually with no end in sight. That fiscal crisis is showing up everywhere — in a projected loss of nearly one million public school students by 2031, $20 billion in EDD fraud the state still hasn't fully answered for, and transit agencies commissioning ideology-driven reports while losing track of their own invoices.
SEIU-UHW's asset seizure tax has already cost the state $16.4 billion per year in lost revenue—and it hasn't even passed yet.
Teachers and parents have a common enemy—and it isn't each other. It's a pension system running a 20-year scam.
Cities skim $300 million a year in fees from affordable housing projects, then wonder why we can't house families.
The Robinhood CEO says he loves this state. That's why his warning should terrify Sacramento.
Public sector unions collect nearly $1 billion a year to control Sacramento. Normal citizens? A trickle against a torrent.
$30 billion stolen in unemployment fraud alone. California's gubernatorial candidate says fix it before raising taxes.
For years, the state bled $20M/month in EBT fraud using ancient systems. The fix took chip cards and AI—things we've had for a decade.
The Governor touts a 9% drop in "unsheltered" homelessness. The actual numbers tell a very different story.
Per capita spending jumped from $4,350 to $12,940 while population grew just 11%. Where did all that money go?
Half of California's billionaire wealth has fled the state—and the wealth tax isn't even on the ballot yet.