Episode Details
Back to Episodes
The Golden State’s Biggest Myth: Taxes Aren’t Revenue | Elaine Culotti
Description
California doesn’t “generate revenue”—it drains it. Taxes aren’t income, businesses create income, and Sacramento chased them out, argues Elaine Culotti, Daily Signal California commentator, on her podcast today:
“The state itself does not create any revenue. The state builds nothing. The state earns nothing. The state is money out. It is capital outflow to pay for the state to survive. To pay for the infrastructure that it owes.”
👉For more videos like this, subscribe to The Daily Signal’s YouTube channel and enable notifications to be alerted the second a new video drops: https://www.youtube.com/dailysignal?sub_confirmation=1
00:00 Introduction and Overview
01:06 California's Revenue Problem Explained
04:16 Impact of Bureaucracy and Overregulation
06:56 Proposed Solutions and Government Actions
08:42 Conclusion and Final Thoughts
Learn more about your ad choices. Visit megaphone.fm/adchoices