[CPOSharky]

"Out of the 25,000 or so seven-figure-income families, more than 5,000 left in the early 2000s, and the loss of their tax payments accounted for about half the budget hole."

Gee whiz, 5000 of the richest accounted for $7 billion in tax revenues for California.

These 5000 must have left because they wern't taxed enough.(/S)

[Hardastarboard]

Look for states that over tax their residents to pass some kind of tax on people who move out of the state to avoid the over taxation. It will be called a “Poverty Mitigation Tax” or an “Income Equity Tax” or some other such high sounding rubbish.