Politics

BUYERS REMORSE: California's Wealthy Democrats PANIC As Their Own Party Targets Them With Socialist 'Tax the Rich' Schemes

Gary FranchiJanuary 26, 2026204 views
BUYERS REMORSE: California's Wealthy Democrats PANIC As Their Own Party Targets Them With Socialist 'Tax the Rich' Schemes
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California's wealthy Democrat donors are finally learning what patriots have known for years: you can't feed the socialist beast without eventually becoming its next meal. The Golden State's billionaire class, who spent years bankrolling radical progressive candidates and causes, are now experiencing full-blown buyer's remorse as their political pets push aggressive 'tax the rich' measures targeting their own fortunes.

As Margaret Thatcher famously warned, "The problem with socialism is that eventually you run out of other people's money." Well, guess what, California elites? You ARE the other people's money now.

These same mega-donors who funded district attorneys who won't prosecute crime, politicians who opened the border floodgates, and activists who defunded police departments are shocked—SHOCKED—to discover that socialism doesn't stop at the middle class. The radical left they empowered has predictably turned on their wealthy benefactors, demanding they pay their "fair share" through punitive taxation schemes.

The Monster They Created

For years, California's billionaire Democrats thought they could buy immunity from their own party's destructive policies. They lived in gated communities while supporting politicians who turned San Francisco into an open-air drug market. They flew private jets while lecturing working families about climate change. They sent their kids to elite private schools while backing union bosses who kept public schools closed.

"You can't have it both ways—you can't fund the socialist revolution and then complain when they come for your wealth," one political analyst noted.

Now these same elites are scrambling as California's progressive legislature, emboldened by years of one-party rule, pushes wealth taxes, mansion taxes, and other redistributionist schemes that would make Karl Marx blush.

Too Little, Too Late

While President Trump's second term is already bringing sanity back to Washington, California's wealthy Democrats are trapped in the dystopia they helped create. Their buyer's remorse comes too late for the millions of working Californians who've fled the state or suffered under their failed policies.

The lesson here is crystal clear, patriots: when you dance with socialist devils, don't be surprised when the bill comes due. Will other wealthy Democrats across America learn from California's cautionary tale, or will they continue funding their own destruction?

G
Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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R
RedStateRelocatorVerifiedjust now
Welcome to Florida and Texas, California refugees! Just remember to leave your voting habits behind.
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SmallBizOwner88Verifiedjust now
How high are these new tax rates going to be? I'm already planning my exit strategy from this state.
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ConservativeCarolVerifiedjust now
Finally! Maybe now these Hollywood elites will understand what us regular folks have been saying about Democrat policies all along.
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PatriotMom2024Verifiedjust now
Play with fire, get burned! These wealthy Dems thought they could control the socialist monster they created.
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TaxCutTedVerifiedjust now
Exactly right! Now they're finding out what happens when you enable the radical left.
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LibertarianLarryVerifiedjust now
The irony is absolutely delicious. They voted for this insanity and now they're shocked it applies to them too?
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CommonSenseGuyVerifiedjust now
Socialist policies always end up targeting the very people who support them. History repeats itself.
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CaliforniaRefugeeVerifiedjust now
I moved my business out of California 3 years ago when I saw this coming. Best decision I ever made - now I'm watching from Texas as they eat their own.
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FreeMarketFrankVerifiedjust now
This is rich coming from the same people who funded AOC and Bernie. What did they think would happen?
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ReaganWasRightVerifiedjust now
They thought they'd be exempt from their own policies. Classic liberal hypocrisy!
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TrumpTrain2024Verifiedjust now
LOL! You get what you vote for California!