[quote=svelte][quote=EconProf]
The population is exploding as new residents come in from everywhere, especially CA. Because St. George schools are largely open, teachers tell of CA parents desperate to get their kids into in-person learning, so some are living in St. George motels in order to do so.
[/quote]
“The exodus of Californians forecast in recent news headlines isn’t likely to happen soon, UC San Diego researchers reported in a survey released Wednesday.”
“Another facet of the study, conducted by Stanford and Cornell Universities, analyzed two decades of Franchise Tax Board Data and found no evidence that millionaires are fleeing the state, despite increased taxes on high-wage earners.
A separate analysis from Cornell University gave a different spin to the parable of the Golden State. It showed that California’s share of U.S. venture capital dollars rose from one-third of the national total in 1995 to nearly half by 2021, far eclipsing other large states, including New York, Florida and Texas.”[/quote]
Low wage workers leaving. High net worth coming in…
