California’s housing crisis is no accident. Sacramento rigs the rules to keep homes scarce and prices high, then turns “affordability” programs like Dream For All into a way to skim your equity while staying financially dependent on inflated values.
A labor union's proposed wealth tax hasn't even made the ballot—but it's already triggered a $1T billionaire exodus from CA. The math shows every remaining household could absorb $576–$1,742/yr in higher taxes and cuts. The Laffer Curve isn't theory. It's happening in real time.
Chamath Palihapitiya proposes a $300–500B tax equity fund leveraging OBBBA incentives to put solar-plus-storage on 50–100M U.S. homes, slashing power bills while adding 400–800 GW of distributed capacity and shifting grid room to AI and industry.
California: $24B on homelessness, 53% increase. $15B on rail, zero miles built. Wealth tax triggered $1T billionaire exodus. Top 1% pay 50% of income taxes—when they leave, you pay. Demand a forensic audit before California gets another dollar.
California and New York are betting they can tax and scold tech and finance without losing them. David Sacks argues they’re wrong—and that Austin and Miami are where capital, innovation, and the future of American prosperity are already moving.
Property taxes challenge true homeownership, sparking debate over fairness, generational wealth, and individual rights. Florida’s proposed reforms highlight tensions between older homeowners and policies intended to help new buyers.
Ive been frustrated lately hearing both politicians and citizens talking about raising taxes on the rich as viable source of sustainable income for the government to help curtail its debt issue.