Where does your money go?

California has a generational $68B deficit.
The wealth tax is accelerating it.

Follow the money, across state lines.

Budget at a Glance

$498.6B
Total state budget
2025-26
$269.2B
Health & Human Services
54.0% of all spending
$17.8B
Corrections
93K inmates. Down 42.5%, budget up 40.2% since 2010-11.
$143,000
Avg state worker comp
Private sector: $71,000
20%
State positions vacant
47,920 of 243,829 authorized jobs

San Francisco FY 2024–25

San Francisco spends more per homeless person than California spends to educate a child.

$000,000/homeless person

Homelessness

~8,000 unhoused · $846M budget

$00,000/student

K-12 Education

5.9 million students statewide

5.7x more per homeless person than per student — and the number of unhoused hasn't gone down.

City Budgets

Two cities. $30 billion. Very different priorities.

San Francisco$15.9B total
Public Health (incl. SF General)$3.2B
Airport (self-funded)$2.0B
Homelessness & Housing$846M
Police (SFPD)$823M
Fire Department$531M
Sheriff$323M

City-county hybrid. Homelessness budget alone exceeds police. Spends $106K per unhoused person annually.

Los Angeles$14.0B total
Police (LAPD)$2.1B
Pensions & Benefits$1.4B
Fire Department$1.1B
Homelessness (all sources)$952M
Liability Claims$300M

LAPD is 26% of general fund — largest single line item. Pensions + liability claims consume another $1.7B.

They proposed a billionaire tax. The billionaires left first.

12 billionaires leaving CA

Page · Brin · Zuckerberg · Ellison · Thiel · Koum · Benioff · Hankey · Spielberg · Snyder · Sacks · Fang

= 1 billionaire leaving · $1.071T total

Employees: 2024 10-K (Alphabet 182K · Meta 67K · Oracle 159K · Palantir 4K · DoorDash 9K), worldwide. Tax: 13.3% CA top rate × est. avg comp.

Your Tax Receipt

You paid thousands to the state last year. Do you know where it went?

$
State of California
TAX RECEIPT
FY 2025–26
INCOME$125,000
STATE TAX$8,278
EFF. RATE6.6%
Where It Goes
Health & Human Svc$4,470
K-12 Education$1,283
Higher Education$372.50
Corrections$298.00
Transportation$347.67
Natural Resources$264.89
Gov't Operations$231.78
Debt Service$149.00
All Other$860.90
TOTAL$8,278

* $298.00 houses 93.3K inmates at $127,788/ea. $1,283 educates 5.9M students at $18,534/ea. Your corrections share is less than what it costs to educate one student for a month.

Thank you for your contribution
to the State of California

Tax brackets: CA FTB 2025. Budget allocation: 2025-26 Governor's Budget Summary. Percentages simplified from all-funds totals.