Horrible timing. This is a bad year for CA.
SF and CA, as a whole, has seen a mass exodus this year.
The state is bankrupt and is now proposing a wealth tax on citizens (not just income, but on total asset wealth). Very troubling.
Not "troubling" as a mystery shopper. I was just commenting on the troubling state of finances for CA, in general, SSC.@SteveSoCal wrote:
The proposed wealth tax would add a .4 percent tax on a taxpayer's net worth for net worths that exceed $30 million, which estimates say will affect fewer than 31,000 Californians.
First; I'm shocked that there are over 30,000 people in CA worth that much.
Second; Who cares? How is this troubling in any way to a mystery shopper?
My focus wasn't on billionaires, but merely the fact that lots of people are leaving CA.@ wrote:
This is a bad year for entire world. The "mass exodus" from CA is not made up of billionaires...it's mainly workers with no jobs.