November 28, 2012
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[Editor’s Note: The following post is by TDV contributor, Wendy McElroy]
On November 6th, California declared war on prosperity. Any productive person who can leave California should, and they should do so immediately. It is already so difficult to escape state taxes that even working and living abroad is not an automatic exemption. Now, with a Democratic supermajority in the state legislature, tax hikes and policy can be rubber stamped. Imagine how difficult escape may be in a few years.
Meanwhile, other bankrupt states are watching the precedent set by California. The stretch of avaricious governments across the length of America should convince prudent people to jump across a national border and not just a state one.