70% tax rates on $50K? Total non-starter, even in CA. No chance of the Federal tax rate hitting that high, so CA State tax would have to jump up to 45%? Good lu

70% tax rates on $50K? Total non-starter, even in CA. No chance of the Federal tax rate hitting that high, so CA State tax would have to jump up to 45%? Good luck getting that passed in the Legislature. Thinking that inequality can be solved by taxing the rich ignores history, as well as the relationship between correlation and causation. Just because tax rates in the past were higher doesn't mean they were the cause of the lower inequality rates. Oh, and it already makes financial sense to live in the Midwest. The problem is that many don't make the majority of decisions with their wallets.