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 argued for years: state spending grew 10 points faster than revenue since the pandemic, producing structural deficits of $20–30 billion annually that more taxation alone can't fix. The same period saw $20 billion in EDD fraud, an unpaid $21 billion federal pandemic loan, and enrollment projections showing California will lose nearly one million public school students by 2031. From Sacramento's chronic overspending to BART commissioning consultants to argue fare enforcement was pointless — and then losing the invoice — the fiscal dysfunction runs from the statehouse to the transit board.
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.