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California is also losing residents by discouraging migration via high taxes. For example, I had two job offers: one in California and one in Washington. Since
by all_blue_chucks 9y ago
California is also losing residents by discouraging migration via high taxes. For example, I had two job offers: one in California and one in Washington. Since this was a $200k+ job, that income tax in CA would have cost me $40 grand per year. Suffice it to say I now live in Washington.
- adamrezich 9y agoWA finds plenty of other ways to tax the hell out of you instead though :P
- dragonwriter 9y ago> California is also losing residents by discouraging migration via high taxes. California, despite high and progressive income taxation, has net in-migration at high income levels. If high taxes are keeping people out, it's things like gas taxes, road tolls, and sales taxes, that are regeressive relative to income.
- sureshv 9y agoCA State income tax on $200k is around $15k - not sure where the other $25k went unless you mean cost of living.
- gamblor956 9y agoYou appear to be quite bad at math, as other comments have demonstrated, so it's probably better for California that you now live in Washington. Snark aside, CA taxes do pay for a significant amount of government services. It may not always seem like it, but CA is the third largest state by area and the largest by population.