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Rich people love California, and all the other blue states with high income tax: https://www.statista.com/statistics/294941/largest-ratio-millionaire-household

• TheCoelacanth 4y ago
  Because they are nice places to live with strong economies and lots of amenities. Not because they have a lower tax burden.
  • hcknwscommenter 4y ago
    yes but the point is that they love CA DESPITE the tax burden. In other words, tax them. They will come anyway because it is great there. And the taxes will pay for ever more lovely things like nature preserves and clean air and water and decent schools (yes they are pretty dang good in CA) and art, museums, science, tech, etc. And this will be a virtuous cycle (as it already has been).
  • raldi 4y ago
    The high taxes are the reason they’re nice places to live with strong economies and lots of amenities. And that’s why rich people love living in blue states like California.