Editor's note: Sounds pretty incredible the Bolshevik states of California and New York are going to place an "exit tax" on those residence who decide to leave those two states because of high taxes and crime. It's a shake down but then what do you expect with the way California and New York are being run and where the
Pentagon runs Silicone Valley? The once beautiful, prosperous and safe "golden state" run into the ground by communists and takers. The biggest problem facing California are the
340,000 public employees with $100,000 paychecks (Newsom's voter base) sucking $45 billion out California taxpayers. Thousands of those taxpayers are struggling and are not seen or heard of with their personal struggles. And since we already know
most jobs are bullshit, what exactly are these 340,000 public employees doing everyday? In addition to that there are roughly
80,000 retired public employees collecting pensions of $100,000 (the issue of
pension spiking). New York also has their "
$100,000 club." That level of greed is not sustainable. In addition to all this, Newsom being a
climate change fanatic, is also attempting to
prevent California residence from installing solar panels to reduce their electrical utility costs.
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Goodbye California and New York – Wealth Exodus Continues
August 21, 2024 | By
Martin Armstrong
The exodus from blue states has not waned since the pandemic. Americans are seeking lower taxes, crime, and tyranny as half of our nation descends into utter chaos. A recent poll by SmartAsset found that Americans earning $200,000 or more have been the most eager to flee states like
New York and California.
California and New York have lost more high-earners, and therefore higher taxpayers, than any other states. California is the least desirable state with an average outflow of 24,670 high-income households with an adjusted gross income (AGI) of $1.3m. New York is not far behind, with a net outflow of 12,040 high-earning households worth an average AGI of $1.1m.