The Late Great State of California

A recent poll stated that half of Californians have thought of leaving the state. Once the land of golden opportunity, California is losing its dynamism. The reason for that is that it is by far the most regulated state in the union and it has the highest tax rate among the states. Now two new laws, one trying to kill off the gig economy, the other statewide rent control, threaten the promise that once made California the land of opportunity. (UPDATED Oct. 18, 2019)