It looks like you will get your theory(ies) tested in the next couple of years. There are a lot of people that think those that do not want to pay these rates will find a more tax friendly State. There is also the theory that the rich will find ways to “lower” their income by changing their investments. Therefore, I think the taxes will mainly impact the middle class. If they do not like it then they can change their vote the next time around.
It is going to be interesting to watch this social experiment we call California. I do not think the schools will improve because I expect the State to find a way to siphon the money to where they want it. I also think the teachers will not improve because of more money any more than the police dept. improves with more money. Both just spend it on more administrators. All the COPPS money that was spent during the Clinton years was mostly pissed away, including upper level employees taking the cars and computers that were supposed to go to the working level law enforcement employees. It was just one big money grab with no oversight from the Feds.
Call my distrustful, but that is what I saw happen and I do not have much hope for this being different because that is always what happens with OPM- other people’s money. Your mileage may vary…
