“Perfect demonstration of the concept of a Zero Sum Game - the Equalization Board was smoking some serious weed when they made their revenue projection.”
This will not be a “zero sum game” as hundreds of those affiliates move out of state to continue their revenue streams from Amazon. The state will lose hundreds or thousands of jobs and the tax revenues derived from those folks...and the places those people shop will suffer from lower spending by the unemployed or relocated former employees affected by the companies who relocate...no, this is a net loss for California, it may take a year or two to see it...but it is without doubt going to cost the state in tax revenue and prospects of economic growth.
You are correct as I should have expanded my comments to note the difference between static and dynamic evaluation of a proposal. Your comments include the dynamic effects that will result from the new law.