The problem with ripping off the rich.

California shows us what Democrats want America to be like.  Things like massive income inequality, amazingly wealthy Google employee's vs average Californians, and rampant poverty show the bankruptcy of Democrat policies.

While California has only 12% of the US population it has 34% of all American welfare recipients.

Now we discover that California is supporting its entire budget on the backs of the top 1% of Californians. While that's great according to Democrats it means that if even a few thousand of those ultra rich people decide to leave California the entire state will become even more insolvent than it is; remember that the state is as much as $900 billion in debt for it's very lavish pension funds for government workers.

By making the state dependent on a tiny group the reality is that the Democrats have created a huge risk for we the people; if the rich move away the state's budget will collapse.

We've already seen this in another Democrat "heaven on earth", New York state. Democrat Governor Cuomo is blaming a $1 billion shortfall in revenues on people leaving the state to go to a state with lower taxes.