December 3, 2020

Market and Financial News Aggregator

California’s Progressive Thumping – WSJ

1 min read

Democrats and unions in California are shell-shocked. Voters last Tuesday rejected a referendum that would have allowed racial preferences in state hiring and college admissions, defeated a massive business property tax hike, and rescued tens of thousands of gig economy jobs. What is this, Texas?

Unions and their Democratic allies, including Facebook CEO Mark Zuckerberg, shelled out nearly $60 million for a referendum (Prop. 15) that would have eliminated a key restraint on state spending. California’s 1978 Prop. 13 caps…

2020-11-11 18:11:00

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