California's Fiscal Crossroads: Taxing the Rich is a Distraction, Not a Solution
Progressive California lawmakers are attempting to raise taxes on corporations and billionaires to counteract devastating federal cuts to Medi-Cal, but budget experts warn this approach will not solve the state's massive and growing structural deficit. This frantic scramble for revenue through targeted taxation is a dangerous political theater that distracts from the hard, structural reforms California desperately needs, and it risks further economic flight while failing the very citizens it purports to protect.





