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 lawmakers killed two bipartisan bills that would have required lobbyist position letters to be posted online in real time—blocking a reform already standard in ten other states. Meanwhile, a bill moving through the Assembly could expose journalists who report on taxpayer-funded immigration nonprofits to $4,000-per-violation fines, with no press exemption. Across California, from SFUSD's rigged curriculum review to SFMTA's phantom affordable housing to a leptospirosis outbreak courts blocked cities from cleaning up, the pattern is the same: government agencies making commitments they can't keep, obscuring accountability, and insulating themselves from oversight.
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.