You tell me. It's not like the other party is doing better. California is postin... | Hacker News

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		gjsman-1000 3 days ago \| parent \| context \| favorite \| on: If AI replaces workers, should it also pay taxes? You tell me. It's not like the other party is doing better. California is posting a $18 billion deficit next year, despite the highest taxes in the country, and despite record tax revenue from the AI boom.

ceejayoz 3 days ago | [–]

They had a $97.5 billion surplus in 2022. Seems like they're doing better overall than the Feds?

Even the $18B ($450/capita) vs $1.8T ($5,300/capita) looks pretty small for a state that large.

iso1631 2 days ago | [–]

Clinton and Obama seem very different results to Reagan/BushI and BushII

Odd that.

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