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Jan 19

The rich prepare to flee socialist California

California is a beautiful piece of earth made miserable through human central planning.

For years, California legislators and governors have hiked taxes, increased licensing requirements and imposed increasing wealth-redistribution programs on Californians.

Now the California government relies so heavily on the income taxes it collects from high earners that the state’s wealthiest 1 percent pay 48 percent of state income taxes.

Many in high tax brackets are government employees or stuck in their communities due to business locations.

Nonetheless, many are now considering fleeing to states such as no-income-tax Nevada or Texas. See here.

California, with one of the most expansive and intrusive governments in the world, now leads the nation in poverty and pollution.