California, that hotbed of liberalism whose extremely liberal politicians have been biting the hand that feeds them for years, is so out of money they’ve decided to fiscally shoot themselves in the backside by imposing a one time wealth tax proposed at 5%. Not on income, on Net Worth. I repeat, on net worth. When all the billionaires leave, and the high end stores, restaurants, private airports, and the businesses that cater to them close, and 10’s of thousands are out of work, who will they tax next? Death of a state doom spiral for your viewing pleasure. Political kleptomaniacs