Cannonpointer » 14 Nov 2022, 8:33 am » wrote: ↑
It's a state income tax. Not federal - state.
That makes it voluntary. The rich can move their operations if it becomes too onerous. Which it already is, based on the ongoing capital flight that has literally become a **** meme. Maybe you're just bitching to stay in practice?
If Cali were to change the levels on taxes, a move to
lay off the super wealthy would likely render more capital than a move designed to keep chasing them to Texas and Florida.
What an idiot! How are ranchers & farmers going to "move their operations" to another state?
& farmers already have a hard time avoiding bankruptcy!