Close

09/07/2019

Vacancy taxes: California’s latest crazy idea.

This column has frequently recounted how ideas coming from California’s progressive politicians are not just destructive, but also how most result in outcomes diametrically opposite of what the left actually thinks they will have. Examples of this phenomenon are legion.

Take high-speed rail (please). It was sold as a “climate change” project because, in theory,  it would reduce greenhouse gas emissions by getting cars off the road. But it turns out that the construction of the project — a massive endeavor requiring thousands of trucks, destruction of farmland and millions of tons of concrete — has been spewing massive amounts of CO2 into the air.

Even the independent Legislative Analyst has concluded that the project will be a net GHG producer for the foreseeable future. If, as predicted, the project is never completed, think of the environmental harm that will have been inflicted — all in the name of saving the planet.

Lux Advisors Sales | Property Management
Send
Send