California Dreaming. Will The Last Person To Leave Turn off The Lights?

“It’s “a very scary political dynamic. One day somebody’s going to put on the ballot, let’s take every penny over $100,000 a year, and you’ll get it through because there’s no real restraint. What you’ve done by exempting people from paying taxes is that they feel no responsibility. That’s certainly a big part of it.

Joel Kotkin, leading U.S. demographer and U.C. Berkeley graduate, goes on to say; “these upwardly mobile families are fleeing in droves. As a result, California is turning into a two-and-a-half-class society. On top are the “entrenched incumbents” who inherited their wealth or came to California early and made their money. Then there’s a shrunken middle class of public employees and, miles below, a permanent welfare class. As it stands today, about 40% of Californians don’t pay any income tax and a quarter are on Medicaid.

If you care at all about what has happened to the predictable outcome of California read Victor David Hanson’s great piece “Two Californias.”