Posted on 02/21/2008 4:07:43 AM PST by Man50D
WASHINGTON – California, which once lured Americans from near and far, is now driving out millions of the most productive residents – including high percentages of the most affluent.
"When California faced a Mount Everest-sized $14 billion deficit in 2003, one of the major causes for the red ink was the stampede of millionaire households from the state," says a report called "Rich States, Poor States" by economists Arthur Laffer and Stephen Moore. "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."
And it's not just the rich leaving.
Based on data from moving companies, California had the second-highest domestic population out-flow of any state in 2005, according to the report, "despite the beautiful weather, beaches, and mountains."
The bad news for California is that it faces $14 billion deficit this year, despite boasting one of the highest tax burdens in the nation.
The report, published by the American Legislative Exchange Council shows jobs are not just leaving the country – they are moving from state to state, with the population following.
"States are in direct competition with each other for human capital and business investment. State governments that think they can attract jobs and people, and grow their economies, by taxing their citizens at a higher rate than their neighbors are sadly mistaken," said Democratic Arkansas state Sen. Steve Faris, ALEC's 2008 national chairman. "Legislators should take a close look at where their state ranks in this book and use it as a tool to help them improve."
(Excerpt) Read more at worldnetdaily.com ...
We get the ones where Jeff Daniels is telling us what a great climate for business Michigan is.
I’m a native Californian. I live in Northern Virginia now. My family goes way, way back in California. I remember it before we had the flood of people from everywhere else in the seventies and eighties- and the cost of everything went up. And the regulation of everything went up. Crime went up. And they went after the guns.
I’d like nothing more than to live in Marin and work in the City (SF), but all of that has been ruined.
I remember them coming. I remember hearing transplants joking with glee that they could go all week and not meet a native Californian. Now we’ve got those people fleeing the mess that they’ve created. And the hordes of illegal immigrants. And even good old Virginia is turning blue.
It’s enough to make you sick.
Well, speaking of sick, I have to go report for surgery. Wish me luck.
The State of New Jersey is solely responsible for the election of Jim Moran (D-VA) to Congress ~ and he's from Boston!
Don't you guys know that there are empty houses in California into which you could immediately move?
As I posted above, this is why the left tries to implement everything nationally,
so that the failure of their policies isn’t made apparent by people trying to escape it.
Maybe some people prefer to self provide, instead of having the state provide.
some smart politician is going to do a case study of California and Michigan (blue states), and compare to the success in Florida (Rep run state) and it will be very effective. Liberalism and socialism fail every time they are tried.
Unfortunately, the state “leaders” seem to be just about that realistic, about what’s needed for the state.
Reality, is concertina wire strung around the support columns to freeway signs, in most of Southern California.
Put there, to prevent the gang members from taking over the freeway signs, too...
“We order our steak seasoning from Lovera’s in Krebs, a great little Italian deli. Fresh mozzarella, yum. Yearning.....”
And don’t forget their fresh made Italian sausage—to die for. For those who are interested, you can order their products online http://www.iloveitalian.com/.
California thrived on the aircraft industry (Hughes, McDonald-Douglas, Lockheed, etc.); movie-making; and tourism.
Its idiotic tax policies drove out the aircraft makers; and movie-making is much cheaper elsewhere (Florida, Canada).
That leaves only tourism; and once the region is wrecked,
tourists won’t want to visit, either.
Conclusion: the state has been badly mismanaged and has only itself to blame. . .
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.
I pray your surgery is successful and that you have a speedy recovery.
Then,there are the hidden taxes in California ~ ever hear about the price of pizza out there? It's kind of "different".
“California thrived on the aircraft industry (Hughes, McDonald-Douglas, Lockheed, etc.); movie-making; and tourism.”
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Yup.
Tax and meddle democrats drove out the big contractors. Next casualty ironically, will be Hollywood.
Liberals in Hollywood are now so utterly out of touch and arrogant, they actually believe they can continue to crank out leftist propaganda for ever-escalating prices, and people will continue to buy it.
Are they in for a shock.
I am a CA native that moved to Texas and believe me FRiend, any thing that even looks like the CA of running things I oppose.
I like being able to homeschool my kids without a ministry of indoctrination looking over my shoulder, buy firearms without a 15 day wait, and build whatever the hell I can afford to build on land I own.
Many of the people leaving CA do so to get away from that crap and have no interest in replicating the government they fled from. Those of us that have working brains saw how CA got turned into a socialist craphole over the last 30 year sand have no desire to replicate that anywhere.
I agreee. A good example is roads. I think user fees/tolls are preferable to taxes. Texas has more toll roads than CA so our road taxes are lower. The roads still have to be paid for.
Likewise, Texas has far less "public recreation land" than CA that has to be paid for. West Texans go to New Mexico to recreate on public land and East Texans go to AR.
Not to mention NYS, especially Upstate.
Note to the nation: Can't say you weren't warned....
Yeah, I then thought of where my tourism dollars would go once CA leaders got their share. It would get pissed away on embryonic stem cell research for Michael J. Fox instead of being used for road repairs (which I hear CA is in desperate need of).
Ditto for native Floridians.
Surgery? To perform it, or submit to it? Either way, best of luck to all involved!
It's an area of small cities and towns, with industrial, white collar and high tech employment. It surrounds a large open area consisting of state parks, national forests, large lakes, hills, etc. Indiana University is there, and there are other schools. Pleasant living.
But, for all you outsiders, remember that the tornadoes come, the snow piles up, the winter winds howl, summer is sweltering, and even hurricanes can make it up that far North ~ so, beware ~ and "they" don't want you to move there permanently.
-—All I know is that whenever I tell my Texan friends that I want to move there from New Jersey, they go into this long rant about how it gets to be 140 degrees in the shade and the mosquitos are so big they carry off small children.-—
Funny, it’s like that in Montana, too. Plus there is terrible cold, winter 7 months out of the year and then the forest fires. Did I mention mad dog rednecks in pickups with guns everywhere? And those are the Democrats!
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