"Going back to California’s high tax burden, Varner’s new research backs up the old adage that when you tax something you get less of it. That applies whether t

"Going back to California’s high tax burden, Varner’s new research backs up the old adage that when you tax something you get less of it. That applies whether the thing being taxed is cigarettes, booze, or, in California’s case, millionaires. " I would say this is fake logic. No-one is going to stop trying to be a millionaire because of taxes. Though they may try to move to a another state to avoid them. That just highlights that the tax system needs to be less fragmented and "service oriented". Individual states may charge taxes based on the services they provide, but taxation at large should be about balancing the wealth distribution.