Prop 1 passed by a slim margin, to accommodate the homeless and mentally ill attracted in droves by warm climate, free medical care, food banks, and cash donations. Where else can they sleep outdoors year round and pick ripe fruit in neighborhoods?
The interest on $6.5 billion in bonds will be paid by an increase in income taxes by those making over $1 million per year. Newsom has to watch the billionaires so they don’t escape. Some already have, like Musk and Bezos, so he’s crafting an exit tax on world-wide-wealth, treading the razor’s edge with this illegal scheme.
Now you know why he’s facing another recall attempt.
“A socialist is always happy until the government runs out of money… The problem with socialism is that you eventually run out of other people’s money.” Margaret Thatcher


Leave a comment