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this post was submitted on 26 Jun 2026
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politics
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It’s not that they are providing $0 in tax income, it’s that it’s nearly 0%. It’s still a chunk of change.
I’ve heard that we wouldn’t feel the impact for 25 years.
Even so, kick them out. They can live in beautiful Houston Texas, or sunny Arkansas. Or maybe they will decide paying up is worth the cost of being a resident of California
Except evidence doesn't support mass flight of the rich with higher taxes anyway.
It's all bluster. When you have households and businesses both supported by dozens to hundreds of employees you can't simply sell your house and buy a new one. You'd need all new staff to cater to your needs, would have to get new business licensing and real estate for your businesses to move, there's just a whole lot more than pulling up stakes and moving state when you're a fat ass dragon sitting on a hoard of stolen gold.