CalForward_
1 posts

CalForward_
@CalForward_
California news, politics & laws with one rule: bring a solution. Call it out. Build it better.


This idiotic attack, by an inept California politician, on a productive California resident caused him to leave. It should not be lost on anyone that this has already cost California $10’s of billions in lost taxes from Elon and the plethora of well paid employees that followed him out of the state. That number will exceed $200B+ as SpaceX goes public and Tesla grows even more and whatever amazing new companies he starts from now…in Texas. Said differently, had California embraced its innovators and worked with them to find ways to support them, they could count on hundreds of billions in tax revenue. Without him, they’ve gone from surpluses to massive deficits. The will now ask you for the money. What happens if even more entrepreneurs leave? What jobs will be left in California? Who will pay the taxes? I’m glad Elon left and took his tax revenue with him. It has helped expose how fiscally broken California is. If it is not obvious to you, it should be. Yet these politicians refuse to change. Refuse to do audits and spend less. Instead, they now target others down the list and keep asking for more. There is no amount of “more money” that will fix theft, financial profligacy and mismanagement by incompetent elected officials. We need wholesale reforms in California before the state goes bankrupt. We probably have until 2030 at best.