The wealth tax might be one of the most idiotic ideas to come out of California in a while. The wealthy are already leaving California and this will be the final nail in the coffin. I left San Francisco in 2018 for Tennessee and so glad I did. I wouldn’t have been able to buy a house, accrue real savings, and run a small business nearly as successfully from CA. Most certainly I’d still be renting a studio apartment the size of a closet with no washer, dryer, and dishwasher.
The All-In Podcast hosts have already said they are looking at moving out of CA if this passes. If you’re wealthy you’d be fiscally irresponsible to stay. Wealthy will flee leaving a socialist state which only supports those who depend of the state. We all know that works out.
Democrats vilifying the wealthy, while strategically might be effective is frankly un-American and is breeding a population of pessimistic, disillusioned, radical socialists.
The All-In Podcast hosts have already said they are looking at moving out of CA if this passes. If you’re wealthy you’d be fiscally irresponsible to stay. Wealthy will flee leaving a socialist state which only supports those who depend of the state. We all know that works out.
Democrats vilifying the wealthy, while strategically might be effective is frankly un-American and is breeding a population of pessimistic, disillusioned, radical socialists.