Californians arent all moving just due to housing costs, overall cost of living there is pretty nuts and unless you work in big tech, your salary is not that great. State plus federal income tax alone was a deal breaker for me when I was there.
State plus federal income tax alone was a deal breaker for me when I was there.
Especially now that state income tax is no longer Federally deductible. I've found it very surprising that people on both the pro-tax and anti-tax sides don't make a bigger stink about that.
That and property tax on high-value housing is basically no longer deductible either.
I think Republicans backed this plan hoping it would create pressure to decrease taxes in blue states. Instead, the double taxation has only incensed taxpayers like me.