Democrats believe all our money belongs to them. They believe they have the moral and legal authority to take the money we earn and redistribute it to their preferred constituencies, while ignoring (or even facilitating) massive fraud and enriching themselves in the process.
With the news of massive fraud scandals in Minnesota and California, it’s clear we don’t have a revenue problem; we have a fraud problem, and we’d bet the majority of our deficit could be erased if we eliminated fraud. But Democrats don’t have any interest in doing that. They just keep taxing people more and more to make up for their fiscal mismanagement.
And when they raise taxes, the people who can afford to move from those blue states to tax-friendlier red states. That leaves the blue states with even more self-inflicted budget woes.
Rather than roll back wealth taxes, Democrats have decided to tax the people even more in the form of an exit tax, and that concept is gaining traction in blue states.