Posted on 12/20/2023 11:06:40 AM PST by ChicagoConservative27
Wealthy taxpayers are fleeing California, hurting the economy and the budgets of the governments that have raised the cost of living in the Golden State.
That’s according to the Los Angeles Times, which reported Tuesday that while wealthy and talented people used to move into California, that trend has recently been reversed:
The reversal, largely in response to the state’s high taxes and soaring cost of living, has begun to damage California’s overall economy. And, by cutting into tax revenues, has delivered punishing blows to state and local governments.
State budget analysts recently projected a record $68-billion deficit in the next fiscal year because of a 25% drop in personal income tax collection in 2023. Some city, county and other local taxing authorities, particularly in the San Francisco Bay Area, have also recorded revenue declines.
…
The accelerating exodus from California in recent years, of both companies and people, has been well documented. The pandemic-induced rise in remote work, inflated housing prices and changing social conditions have spurred more Californians to pull up stakes.
(Excerpt) Read more at breitbart.com ...
Rollin’ rollin’ rollin’
Keep them taxpayers rollin’ !!!
Newsome!!!
Perhaps that high speed rail boondoggle to burn money away that plans Up go up the coast should be rerouted to go from west to east for folks to flee the state. After all, that is where the future demand will be.
No kidding...Those who think it's all leftist who are leaving CA are totally ignorant. So ignorant they seem to have no clue it's not a few people from CA who are driving their states to the left.
They completely ignore the glaring fact their own public government schools are producing MILLIONS of newly minted leftist voters every single year. Year in, year out.
It simply makes it easier to blame some other state for what is happening in their own backyards. Stupid and foolish.
Kalifornia...and Illinois...and New York...and Pennsylvania...
And thanks to endless chain immigration, don't forget millions of foreign nationals who've been pouring into CA for 40 years. Before I moved, it was being at the U.N. during their hate America week.
“whatever happens, a BIG bailout from Fed.gov with printed money and more debt, will eventually come to California.”
************
Prolly right. The Dems won’t let California suffer the consequences of its craziness. They will steal whatever they need from the nations’ taxpayers to bail them out.
California is one of the most beautiful and bountiful places on earth and it’s being ruined by leftists.
That happened many years ago.
The fact is with tens of millions of foreign nationals and illegals in state, with thousands more entering daily, it’s not even salvageable. There is no going back to what it once was.
Crap in your nest and then flee.
Vast majority of Americans stay put and Americans move a lot less than they did even 30 years ago: https://www.businessinsider.com/americans-are-moving-less-social-demographic-changes-2022-8?amp
The entire CA state government is filled with thousands with either foreign sounding names/non-whites. It's no accident.
The state of CA flat out hates white people.
Proof?
Former CA State Senator Art Torres stated back in 1995:
Proposition 187, passed by voters months prior, was, "The last gasp of white America in California."
(CA Prop 187 would have put a stop to tax paid benefits for illegal aliens.)
After the people of CA won and passed 187, the state, along with their federal co-conspirators, including Bush from Texas, declared our election illegal and burned our ballots.
Thanks to this criminal election intrusion, this epic invasion spread to all points, including your own backyard in Texas.
Sure there is. Once leftists completely destroy the place, like locusts they move on. It will take a few brave souls to rebuild.
Ping me when CA becomes a patriotic powerhouse and tens of millions of illegals and foreign nationals leave.
Thanks.
Unfortunately I don’t think I’ll live that long, but when the money stops all the parasites will move to greener pastures. If you have kids or grandkids tell them to start saving now. They will be able to buy yo real estate for a song, it will take a lot of work to remove the filth left behind.
Never happen. None of them are going anywhere and will only multiply.
I am a realtor. I have met many refugees from California and Washington state that are coming to Texas to make their businesses thrive and to raise their families in a safer envrionment. They are mostly non political, but they hate government overreach and the crap that is being pushed in their home state schools.
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