Taxes don't cause people and companies to leave California. The cost of living does. (Also good luck to the state of California and its city governments in keeping up with the cost of liabilities, obligations over the next decade!)https://twitter.com/amir/status/1023962515540074501 …
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but I will also say that California's capped, inheritable property tax structure (which gets priced into higher property values) is *interrelated* and probably has a causal relationship with the state higher income tax rates.
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