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San Francisco’s sales tax revenue, a key metric of economic activity, dipped during the last three quarters of 2023 compared to the same period the prior year.
A self-described longtime Democratic Party supporter, the podcast host dismissed the far-left ideologies that he says are negatively impacting California.
In 2023, California had the most one-way movers for the fourth year in a row.
The exodus of high-income earners also has an impact on the declining state tax revenue, Legislative Analyst Gabriel Petek told The Epoch Times.
As California ranks among the nation’s highest-cost places to live, the well-known scholar explains the state’s gradual shift from the “land of opportunity.”
‘The cost of living in the Bay Area is astronomical. It’s insane,’ a business owner in his 20s told The Epoch Times. ‘I moved to save money and have more space’
‘The cost of living in the Bay Area is astronomical. It’s insane,’ a business owner in his 20s told The Epoch Times. ‘I moved to save money and have more space’
