[quote=earlyretirement][quote=SK in CV]
So none of them actually left because of the tax increase on very high income taxpayers.[/quote]
I know many people that have moved out of San Diego. Most of them were former college classmates. But quite honestly none of them moved out of California due to the high taxes. They moved out because they couldn’t find a good job where they could make as much as other places. I’m quite sure they would have stayed had they been able to find decent jobs for their experience/education.
And I have to say that most of them were living way above their means for many years. Many of them took out equity of their homes (using them as a virtual ATM machine) and eventually lost their houses.
But high taxes didn’t have anything to do with it.[/quote]
Ditto. I’ve known many, many people who’ve left California, but not a single one who left because of taxes. The #1 reason people leave this state is the cost of housing, whether renting or purchasing. The pay here is not much higher (oftentimes, California jobs pay LESS!) than comparable jobs in other states. With the same or higher wages in other states, and (much) lower housing prices, one can significantly boost their quality of life by moving to these lower-cost states. It has nothing at all to do with taxes.
