Todd Talk: California’s Wealth Tax and the Predictable Human Response
A 60-second conservative commentary with humor and heart.
My friends, who could have seen this coming?
The Left is incapable of seeing reality for what it is because of its obsession with a morally bankrupt ideology. One of the central failures of this ideology is that it denies human nature. It assumes people won’t respond logically to incentives — or, in this case, to penalties.
Case in point: as California moved toward a billionaire wealth tax, the wealthiest Californians started leaving. Google co-founder Larry Page didn’t protest. He relocated his businesses.
Government needs money to operate. That’s no surprise. But taxpayers won’t put up with government ignoring its core responsibilities, creating a nanny state instead, and then mismanaging the revenues it oversees — as we’ve seen recently in Minnesota.
Utopian promises always collide with reality. And reality wins every single time.
