California Will Face an Increasing Exodus of the Wealthy if the Dues Get Too High. By in Uncategorized on May 28, 2019 Leave a Reply Cancel reply. Your email address will not be published. Required fields are marked * Comment. Name * Email *.

Hank adler. biography.. california Will Face an Increasing Exodus of the Wealthy if the Dues Get Too High. May 28, 2019 | Refunding College Loans and Tuition.

 · Let’s start from the premise that California has way too many people anyway – 39.8 million at last count. That’s twice New York state’s residents or 12 percent of the entire country’s population in two percent of the states. There are good reasons for that – climate, geography, lifestyle, earthquakes. Plus the continent ends there.

Coming soon: Mass exodus from NY, CA due to high taxes. Now that deduction for state and local taxes will be capped at $10,000 per family. Consider what this means if you’re a high-income earner in Silicon Valley or Hollywood. The top tax rate that you actually pay just jumped from about 8.5% to 13%.

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 · During that 12-month period, California saw a net loss of just over 138,000 people, while Texas had a net increase of more than 79,000 people.

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5 reasons California’s housing costs are so high. The urban parts of L.A. and San Diego have all seen a major increase in people wanting to live and work there, which means increased.

Gov. Jerry Brown and other Democratic leaders worry the new federal tax law will inspire wealthy Californians to move. Democrats worry GOP tax law will cause CA exodus | The Sacramento Bee SECTIONS

The demands that actually required an increase in funding. access to a new stream of dues income from low-paid charter school teachers. The claim by the Democrats and the UTLA that there is no.

"Homebuyers Will Leave High-Tax States like California. If state and local tax (SALT) deductions are eliminated in high-tax states like California, New York, New Jersey, Maryland, Massachusetts and Illinois, some people will leave these states for places where they can get more home for less money.

The data suggest that many cost drivers-taxes, regulations, the high price of housing and commercial real estate, costly electricity, union power, and high labor costs-are prompting businesses to locate outside California, thus helping to drive the exodus.