California Seems to Find a New Way to Chase Away Residents Every Day

by Jack Hellner
American Thinker

Now California wants a wealth tax.

Florida, Tennessee, Texas, and many other states will gladly welcome “the rich” and everyone else who will be fleeing that state as a result.

This paragraph from Zerohedge says it all about Democrat policies in that state on budgetary items:

ACA 3 begins with six WHEREAS clauses including that California has long-term needs that are not being met by existing revenue sources; wealth inequality among state residents has increased dramatically; a tax on extreme wealth will restore fairness to California’s tax system and raise significant revenue to meet new and existing urgent needs; and, the State’s appropriations limit needs to be updated so that it also permits the state and local government to meet their basic obligations in a changing and more challenging world.

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