Now, the reality is that California's monetary situation is complex and not entirely the fault of the legislature. Prop 13, voted in by the residents themselves 40 years ago, is a giant sandbag on the state's finances. California's wealth inequality is also frankly ridiculous [1] and causes a lot of problems. The vast majority of the state's residents are not wealthy and thus need a lot of support services from the state, so if you're a wealthy tech worker it seems like your money is disappearing, but a lot of it is going to support families who make less than a third of your salary. The state also runs some excellent colleges and a bunch of fantastic national parks, beaches, reserves, etc. that cost a lot of money.
The net result is that if you're a high income earner, libertarian-leaning, or generally entrepreneurial, your perception can easily be that the state is a wealth-sucking behemoth funneling your exorbitant tax dollars into homeless shelters and welfare programs while your friends in Texas live in shiny new houses on acre lots with swimming pools, tennis clubs, and places that let you actually shoot guns while paying no income tax. As always, though, the full picture is more nuanced.
[1] https://thehill.com/opinion/finance/412928-middle-class-is-d...