The next time someone blames Proposition 13 for the problems of struggling governments, tell them they are using the wrong "p" word. The correct word is "pensions."  Read more >>

In perhaps one of the most brazen political moves in California history, Democrat leadership last week unveiled a budget proposal that would shred the California Constitution by raising billions of new taxes without the required two-thirds vote.  Read more >>

Milton Friedman's maxim that few things are as mobile as rich people and capital is proven starkly by data showing the wealthy are leaving California in record numbers. It is probably no coincidence that, while California has been punishing the successful for the sin of being rich, Maricopa County in neighboring Arizona gained 23,000 new millionaire households in the same time period.  Read more >>