You can check out anytime you like, but your money can never really leave.
Even if you move, this new bill would continue to tax you in your new state for 10 years.
Conversation
This Tweet was deleted by the Tweet author. Learn more
Great question. I can’t imagine it is, but I have no doubt if it passes it will swiftly be challenged in court.
2
3
39
Replying to
I will be moving the day this passes and I'll be challenging it the day after. As much as I'm confident that this will not hold up, I hate to see CA shoot itself in the face. Income taxes are already driving top earners out. A wealth tax would stop the wealthy from moving in.