[quote=SK in CV][quote=enron_by_the_sea]I don’t know the statistics, but at least one person I know is moving to Nevada.
He doesn’t need to work for a company. Has no family ties to this state. I can understand why moving to Nevada becomes attractive to him. Most people affected by prop 30 won’t move because they have a job, family, friends and roots that will keep them here.[/quote]
In the past, both in CA and in other states, the statistics have been that there has been no material change in the number of high income taxpayers when rates go up. Not zero. But no material change.
I think the real worry should be on the middle income taxpayers. I know of 7 individual or couple that have moved out of the state in the last 2 years. All went to lower tax burden states. Washington, Arizona, and Texas.
