Let's start with the biggest turd in the punchbowl:
Over $1.3 TRILLION in government debt, much in underfunded public employee union pension obligations.
Your own link states that is lumping all obligations together, from "state, cities, counties, school districts, community colleges, special districts, agencies and other authorities" and then pretends that is debt owned by the state. Lets get real here - you take the debt owed from every gas station, almond farm, movie studio, and defense contractor, I'd bet a signed, autographed copy of Atlas Wanked that it's going to be a much, much higher figure than $1.3 trillion. ZOMG?? How can California possibly afford capitalism!!!!!
High state income taxes, and overall it's one of the highest taxed states in the country.
1) Civilization costs money and requires basic services
2) Government provides better services for a fraction of the cost compared to capitalism
A regulatory and legal climate that stifles growth and drives businesses out of the state
You mean you want companies to be free to exploit employees, customers, shareholders, and resources without any measure of restraint.
Schools that are some of the worst in the nation.
By Randian design. Step 1: slash public school funding (thanks Reagan!) Step 2: complain that public schools are failing (because you gut their funding, fool) an need to be replaced with privatized charter schools that are worse than the public schools they replaced.
Some of the worst roads in the nation
Low taxes have high costs, as does the capitalist belief that public roads should all be built on the public tax dollar, but mass transit needs to be self-funding.
Widening income inequality, driven by coastal elites enacting policies that make it increasingly difficult for the poor and middle class to earn a living in California.
Like when Jerry Brown spent years opposing a real minimum wage increase before finally caving in, when he opposed state single payer (that passed the legislature twice under Arnie), and let college students go on taking it up the ass on tuition. You're finally talking sense!