Comments by "TheVeritas2100" (@TheVeritas2100) on "The (Next) Gulf War Is Coming || Peter Zeihan" video.
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 @rigust12 thats a JOKE , right ?
- The DimokRats have done "nada' for the citizens of CA, they have been "SPEND and TAX" Party, for the last 30 yeras ...
and the ONLY rreason the CA had a lot of $$$$ to 'piss away", because many older "wealthy" live in CA, and pay somewhere between $40-60 BILLION in State Taxes just form the Stock Market "gains"; those "1%" pay over 50% of the CA State Taxes ( OVER $165 BILLION !!! , and thats 50-80% higher ratio than ANY other State ... so it is VERY UNSTABLE Tax Base ! ...( just look at the article of L A Times , on April 22, 2024, how easily 40-5) BILION CA State Budget deficit would materialize (!) - like it did in 2022 ... but CA was 'saved' since the Stock Market recovered in 2023, but as we say 'what goes up, must come down" 🙂... and so it is coming SOON ! LOL! ) !
( the "old wealthy farts" are dying or moving out of CA, and the 'younger" wealthy prefer TX, or FL (with the LOW State Taxe) , and so ther ewill be a MUCH PAIN with the CA Budgets, in the near future ---- .. and also many Corporate companies/entities ( ie SpaceX , Tesla, Toyota, etc ) are leaving the State becaue of the anti-Business Rules, Policies, and Laws ... ) -
and even as we write this , if the Stock Market went down even 10-15% % ( and the wealthy would not contribute as much to the State Taxes, on account of market losses ... ) , thren the CA 'kitty" would be in the hole by $50-$60 BILLION immediately , since Newsome has been spending the Budget like a 'DRUNKEN SAILOR" on the "stupid crap" ! 😞
.... and so in very few years CA, will be in the same "shitr-hole" like the State of N.Y. 🙂)
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