caltexflanc
Guru
California has one of the lower poverty rates among the states.
https://www.thebalance.com/us-poverty-rate-by-state-4585001
The number of people with higher incomes that are leaving is miniscule. Anecdotally, the pressure to move is on middle income and below due to enormous housing costs and other living costs, not taxes. And look at the map in the link, the "headline" states people are supposedly moving to have higher poverty rates than CA.
California and most of the New England states, like CT, pay much more in federal taxes than they receive in federal spending, due in great part to higher incomes and lower poverty. They fund "welfare states" like MS and AL who are just the reverse.
As a native, 5th generation Californian (pre-Gold Rush), and still an owner of property out there, I selfishly would love it if California shed about 10 million people. It was a great place to live 10, 20 million people ago.
https://www.thebalance.com/us-poverty-rate-by-state-4585001
The number of people with higher incomes that are leaving is miniscule. Anecdotally, the pressure to move is on middle income and below due to enormous housing costs and other living costs, not taxes. And look at the map in the link, the "headline" states people are supposedly moving to have higher poverty rates than CA.
California and most of the New England states, like CT, pay much more in federal taxes than they receive in federal spending, due in great part to higher incomes and lower poverty. They fund "welfare states" like MS and AL who are just the reverse.
As a native, 5th generation Californian (pre-Gold Rush), and still an owner of property out there, I selfishly would love it if California shed about 10 million people. It was a great place to live 10, 20 million people ago.