California is losing lower income population(sub $55k) but it's being replaced at higher rates with higher income($200k+ income). For the economy of California

California is losing lower income population(sub $55k) but it's being replaced at higher rates with higher income($200k+ income). For the economy of California, tax policy is a net benefit as higher income people generate more tax revenue and require less government aid. You could argue it has a negative social aspect as it pushes out lower-income families. https://www.sandiegouniontribune.com/opinion/the-conversation/sd-california-losing-low-income-people-gaining-wealthy-people-per-report-20180221-htmlstory.html https://www.sandiegouniontribune.com/opinion/the-conversatio...