California Economy Episodes

While most European countries have rejected wealth taxes as disincentives for investors and tech investors, California may vote in November to impose a 5% “one time” excise tax on billionaires. The likes of Larry Page and Mark Zuckerberg are looking to relocate to Florida or Texas to avoid it. Will California’s crazy politics kill the tech goose that laid the golden egg ?

The LA wildfires continue to rage and the dry, easterly Santa Ana winds show little sign of abating. The political consequences for the LA Mayor and California Governor may prove to be dire.

Building more housing in San Francisco.