“If you’re paying 12 grand in state and local taxes....you’re making some big bucks. The fact that it only effects 2 wealthy states tells the rest of the story.”
Don’t forget that if you are paying that much in state and local taxes, the cost of living in that area is going to also be proportionally higher, because the taxes affect all the businesses too. Those “big bucks” evaporate very quickly when you are paying much more for rent, groceries, utilities, gasoline, etc, than people in other areas.
>>Those big bucks evaporate very quickly when you are paying much more for rent, groceries, utilities, gasoline, etc, than people in other areas.<<
Those force shields they erected around CA, NY, HI and MA to keep people there and paying confiscatory taxes are working like a champ!