Oh please — a 3% (meaning 5-10% of total tax burden) tax hike isn’t going to make people stay or leave a state. Especially since the highest tax is on income above $1 million. They’re already paying decent bank to live in California.
The people affected moving to Texas would be like Donald Trump moving out of NYC because his property taxes went up 10%. Right.
Though I have to say that prop 30 raising taxes retroactively was dirty ball — and possibly illegal since the Federal prohibition against ex post facto laws applies to states as well.
