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Posts Tagged: “California“
The Return of a Failed Wealth Tax Experiment
California’s proposed billionaire tax promises to raise $100 billion by taxing the state’s wealthiest residents, but Sweden and Colombia already ran this experiment for decades, and both saw wealth taxes chronically underperform while accelerating capital flight. Confirmed departures from California billionaires like Larry Page, Sergey Brin, and Peter Thiel have already erased a large share […]
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The Democratic Socialist Roots of California’s Housing Crisis
California’s housing shortage did not emerge from free markets failing, but from decades of policy that let neighborhood groups and environmental regulators substitute their preferences for property owners’ rights to build. Discretionary permitting, CEQA lawsuits, and a no-growth ideology born from the 1960s effectively socialized private property, and sky-high home prices in cities like San […]
New Peter Schiff Interview: California Dooms Workers and Congress Kicks the Can Down the Road
Peter recently appeared on OAN’s Real America with Dan Ball to discuss the minimum wage, government spending, and inflation. He first points out the blatant corruption of the California state government, which recently passed a $20 minimum wage for all fast-food restaurants except those that bake their own bread. The state’s governor, Gavin Newsom, has […]
The Real Minimum Wage Is Always Zero
The real minimum wage is always zero. Restaurant workers in California are about to find that out the hard way.
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