Governor Newsom Virtue-Signals on the Taxpayer’s Dime
California governor Gavin Newsom has announced he plans to give $233,000 in reparations to each black Californian, at a cost of half a trillion dollars. This taxpayer-funded largess comes on the heels of California’s projected $25 billion budget deficit, with state revenue now 41% below expectations due in part to lost tax-revenues from rich residents––who pay half of state income taxes–– fleeing California’s 13.3%, the nation’s highest rate, on incomes over a million dollars.
