In 1965, The Mamas and The Papas released “California Dreamin,” one of the most iconic pop songs of the 20th century. The chorus, both infectious and instantly recognizable, has the singer envisaging the safety and warmth of L.A.
Longing to leave the cold weather behind, the vocalist finds himself “dreaming” of California.
Fast forward a half century, and the Californian dream has turned into a nightmare.
The Golden State finds itself in a sorry state; now, an increasing number of people are dreaming of leaving California behind. Once a bastion of freedom, the state has devolved into something truly tragic—with delusional policies, a fixation on socialist reforms, rising levels of unemployment, and a huge housing crisis.
California’s policymakers seem intent on stifling the state’s economy. And they’re very much succeeding in their ill-advised endeavors.
Doing business in California is extremely difficult. In fact, getting anything done appears to be an obstacle of epic proportions.
‘Common Prosperity’ and the Death of Commonsense
It seems policymakers in California are keen to implement their own version of China’s “common prosperity.” Earlier this year, before the recall election, a number of far-left legislators floated the idea of a new wealth tax. If implemented, we’re told, it would raise somewhere in the region of $22 billion every 12 months.According to the author, the idea was first introduced by Alex Lee, “California’s youngest member of the Assembly.” Lee, 25, “still lives with his mother in the San Francisco Bay area.” This is not to take a cheap shot at a young man who still lives at home. But, I ask, is Lee really qualified to spearhead such an aggressive tax hike?
Furthermore, as Coupal noted, of all the states in the country, California already has the highest income tax. Moreover, it’s also home to “the highest state sales tax rate in America and the highest gas tax in America.”
This is not to say that the well-off shouldn’t pay their fair share; they most certainly should. Surely, though, there are better ways of addressing matters of inequality. When faced with such aggressive taxes, why would anyone choose to chase success in California, especially when policymakers look to punish the highest achievers?
As we all know, nothing good comes from socialism, or “communist-lite” governance.
The Golden State, the equivalent of a car with faulty brakes, is currently being driven off the edge of a cliff. Somewhat inevitably, every socialist dream ends in a nightmare.