>>But on Wednesday, bowing to pressure from liberal activists, the governor modified his proposal, agreeing to cut the sales tax hike in half and place a greater share of the burden on the wealthy.<<
1% of Californians are paying 45% of the taxes. How do you think they will react when you call them evil and shake them down for more?
I moved from CA to TX this year and the more I see stories like this, the better I feel about it.
Welcome to Texas!
I moved from San Diego, CA to Pocatello, ID in Dec 2000. It was a good strategy until the states conspired to hit multi-state companies like my employer. The new game is to track the zip code where you perform your work on each task. When the time sums up to 20 or more days in calendar year, the state income tax is apportioned to the states where the zip codes reside. There is a "tax the rich" angle too. Certain employees in higher income categories get hit sooner than the 20 day time frame. It is much like what is done to professional ball players. They get assessed by each state where they play since the compensation per game is substantial. I had to pay CA and ID state income tax for 2011 and file taxes in both states. The ADP payroll folks made the W2 painless. TurboTax took care of the multi-state details.
The multi-state apportionment of taxes has a surprising impact on the "progressive" taxation scheme. Your marginal tax rates may end up lower than if you kept all your income in your state of residence. If your gross is $150K for federal, but spread equally across 3 states, you might well fall in a much lower marginal rate in the 3 states. If any of those states are no income tax states, you have no state taxes in those states. Your state of residence may be hopping mad that they agreed to the deal because they were assessing you state income tax on money earned in the no tax state.