Like most politicians, they just dont or wont get it. They’re gonna find out how PO’ed people can get this time around. CA has got way too many taxes already. Hell, we even have a cap gain tax of 9.3% on top of the Fed govt.
People will shut down activity and/or leave this place. I know I have and will probably relocate most if not all my business activities and income to another state. It aint that hard to do if they make it worth my while.