Appeal-democrat.com reviews the details of Governor Brown's proposed "millionaire's tax" and points out that most of the tax increases are not merely limited to millionaires.

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Hot Air's Ed Morrissey's column on how California’s top-heavy system produces a series of boom-or-bust revenue cycles that make long-term budget planning nearly impossible.

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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 >>