Rich Americans are ditching California

[Thinker101]

California’s population dipped below 39 million in 2023, the lowest count since 2015, according to the U.S. Census Bureau. Data shows the state lost 75,423 residents last year — continuing a dramatic trend that started with the onset of the COVID-19 pandemic in 2020.

Analysis of the approximately 750,000 people who have bid farewell to California over the last three years has revealed that thousands more high-earning, well-educated workers have left the Golden State than have moved in.

California has the highest state income tax in the country. Technically, its income tax brackets end at 12.3%, but the state applies an additional 1% on personal income over $1 million — meaning its wealthiest residents must pay a whopping 13.3%.

Those ultra-wealthy Californians, the top 1%, typically pay between 40-50% of the state’s personal income tax revenue.

Well, Govenor Newsom, good luck with that budget deficit. Those of us still in California, we may want to consider investing in stocks that sell tents.

https://moneywise.com/life/lifestyle/why-rich-americans-are-leaving-california

 

[rightwinger]

Alabama welcomes you

 

[marvin martian]

Alabama welcomes you

Or any of the other 48 states with lower taxes.

Dipshit.

 

[citygator]

More people live in california and pay more to live in california than anywhere else. They bribe you elsewhere with low cost of living to overcome that fact that it isnt california.

 

[petro]

Alabama welcomes you

I've heard it's a Sweet Home.

Especially when you can double your square footage for a lower price.

 

[Vastator]

Alabama welcomes you

No, we dont...

 

[okfine]

California’s population dipped below 39 million in 2023, the lowest count since 2015, according to the U.S. Census Bureau. Data shows the state lost 75,423 residents last year — continuing a dramatic trend that started with the onset of the COVID-19 pandemic in 2020.

Analysis of the approximately 750,000 people who have bid farewell to California over the last three years has revealed that thousands more high-earning, well-educated workers have left the Golden State than have moved in.

California has the highest state income tax in the country. Technically, its income tax brackets end at 12.3%, but the state applies an additional 1% on personal income over $1 million — meaning its wealthiest residents must pay a whopping 13.3%.

Those ultra-wealthy Californians, the top 1%, typically pay between 40-50% of the state’s personal income tax revenue.

Well, Govenor Newsom, good luck with that budget deficit. Those of us still in California, we may want to consider investing in stocks that sell tents.

https://moneywise.com/life/lifestyle/why-rich-americans-are-leaving-california

Ty Warner reopened the Coral Casino Saturday and the young and very rich tech were lined up on Channel Drive in Montecito waiting to get in. Dues used to be $10k annually. Now it's $2500 a month. Some may be leaving CA, but others are taking their place.

BTW, the club initiation fees are $400k now.

One moment, please...

 

[marvin martian]

More people live in california and pay more to live in california than anywhere else. They bribe you elsewhere with low cost of living to overcome that fact that it isnt california.


View attachment 894754

LOL

 

[1srelluc]

Don't worry they will just count the illegals to pump them numbers up.

 

[Muhammed]

 

[marvin martian]

Ty Warner reopened the Coral Casino Saturday and the young and very rich tech were lined up on Channel Drive in Montecito waiting to get in. Dues used to be $10k annually. Now it's $2500 a month. Some may be leaving CA, but others are taking their place.

BTW, the club initiation fees are $400k now.

One moment, please...

Imagine having to step over unconscious fentanyl tweakers, trafficked child prostitutes, and human shit to get to a club that costs $400,000 to join.

 

[Muhammed]

It depends on what part of California you're in. The air in LA tastes horrible. The weather really sucks in Death Valley. But some parts are really nice.

 

[okfine]

Sure looks bad, eh retard?

 

[Lord Long Rod]

Alabama welcomes you

There is a lot to be said for being able to walk around your property, tits out, and shoot at crows with your AR rifle.

 

[Lord Long Rod]

More people live in california and pay more to live in california than anywhere else. They bribe you elsewhere with low cost of living to overcome that fact that it isnt california.


View attachment 894754

Jesus Christ ... You had to REALLY try on that one!

 

[Lord Long Rod]

It depends on what part of California you're in. The air in LA tastes horrible. The weather really sucks in Death Valley. But some parts are really nice.

Up in the redwoods looks nice.

 

[marvin martian]

Up in the redwoods looks nice.

If you like meth cookers and cartel weed farms.

 

[Orangecat]

Alabama welcomes you

You’re exposing your own bigotry and ignorance here. Huntsville is one of the fastest growing cities in the country. It’s attracting the highly educated, too. My brother lives there, works for NASA.
I lived in SoCal for 24 years. Nice weather, but otherwise an overpriced, overtaxed, overregulated, overpopulated shithole. It does attract a plethora of dumb, cute girls looking to Weinstein their way up the ladder, though. Easy pickins for musicians.

 

[Lord Long Rod]

If you like meth cookers and cartel weed farms.

Yikes.

 

[okfine]

Alabama welcomes you

Down home Alabama. Like Wilcox County. Fine example of the high life.