So what would keep the ‘wealthy’ from moving their money out of state and THEN ‘exiting’?
I’m sure this will encourage the wealthy to move into CA.
i don’t understand your post.
california is taxing itself to death.
many younger people have left the state because they can’t afford to live here.
many middle class and professionals have sought bigger and cheaper houses in az, nm, co, mt, wy, ut, nv etc.
many rich people have moved their assets out of state to avoid excessive taxes. rush limbaugh keeps saying he’d like to live here, but can’t afford the taxes.