Tesla, Oracle, Palantir, McKesson, Bechtel, Charles Schwab, Hewlett Packard, Toyota Motor North America, Kubota Tractor, Jamba Juice, Carl's Jr, Nestle USA have all moved out of California, or are planning to move. I wonder how long it wilI take progressives to realize that in order to distribute taxes, you must first have taxpayers.
"California is extraordinarily dependent on taxes paid by its wealthiest residents. In 2016, state figures show, the top 1% of taxpayers generated nearly 46% of the state’s tax revenue on personal incomes, including from capital gains."
"California is extraordinarily dependent on taxes paid by its wealthiest residents. In 2016, state figures show, the top 1% of taxpayers generated nearly 46% of the state’s tax revenue on personal incomes, including from capital gains."