The Golden State’s Biggest Myth: Taxes Aren’t Revenue | Elaine Culotti
Podcast: The Daily SignalPublished On: Tue Jan 27 2026
Description: California doesn’t “generate revenue”—it drains it. Taxes aren’t income, businesses create income, and Sacramento chased them out, argues Elaine Culotti, Daily Signal California commentator, on her podcast today: “The state itself does not create any revenue. The state builds nothing. The state earns nothing. The state is money out. It is capital outflow to pay for the state to survive. To pay for the infrastructure that it owes.” 👉For more videos like this, subscribe to The Daily Signal’s YouTube channel and enable notifications to be alerted the second a new video drops: https://www.youtube.com/dailysignal?sub_confirmation=1 00:00 Introduction and Overview 01:06 California's Revenue Problem Explained 04:16 Impact of Bureaucracy and Overregulation 06:56 Proposed Solutions and Government Actions 08:42 Conclusion and Final Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices
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