[Ruth C]

You’re right, except for 65 and older who get a 15,000 homestead exemption and an additional 10,000 for senior. That property is then fixed at that ‘value’ For me, being lower income and just months short of 65, this would work out best. But for those buying a house above the 100,000 mark that could be a high tax, indeed.

[MasterGunner01]

I cannot imagine anyone in their right mind starting a business in California. I can see a lot of established businesses (and individuals) fleeing the once Golden State in epic numbers.

So, if California keeps driving its businesses out of state, sooner or later these idiots are going to hit a financial wall of nothing to regulate and tax. What then?

What do you say Gov. Moonbeam? What about it CA Assembly?

You cannot print money. No one will loan you money. You cannot extort it from 49 other states through the Feds.

What to do?

Sell off the state to the Chicoms? The Chicoms don't want the illegal aliens. Then what?