California's Wealth Tax Will Destroy Itself
Even Gavin Newsom admits taxing billionaires will backfire. Europe already proved it. Why won't Sacramento listen?
Sacramento killed two bipartisan lobbying transparency bills without a hearing, while a new Assembly bill could expose journalists who report on government-funded immigration nonprofits to $4,000-per-violation fines—with no press exemption. These aren't isolated failures: recent months have also surfaced a rigged curriculum review in San Francisco, $465 affordable housing units that were promised but never funded, and a tropical disease outbreak that courts kept cities from cleaning up for over a year. The throughline is a government that resists scrutiny, avoids accountability, and leaves the public to find out after the fact.
Even Gavin Newsom admits taxing billionaires will backfire. Europe already proved it. Why won't Sacramento listen?
The bill's architects say founders can fight the state for their money back. With interest. On hard mode.
SF nonprofits preside over overdose deaths while collecting billions. The city just renewed their contracts anyway.
San Francisco almost died from virtue signaling. The cure? Intellectual honesty—and the courage to speak it.
Newsom's mental health program spent $10.7M per person while California's judges cling to broken ideology.
In 2013, three pro sports teams and big dreams. In 2026, an empty stadium nobody will buy.
The progressive politician who blocked 495 homes now wants to run California's insurance market into the ground.
Business and labor unite for the largest construction agreement ever—now they're calling California's bluff to break ground in 2026.
Californians voted for public safety. The state legislature decided their votes don't count.
The top 10% fund 76% of the state budget. Sacramento's answer? Chase them all away.