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That's patently false, know a number people who were granted stock in CA and later moved. The taxation is based on the allocation ratio, which is determined by
by jamiequint 4y ago
That's patently false, know a number people who were granted stock in CA and later moved. The taxation is based on the allocation ratio, which is determined by the number of days you stayed in California.
Some data on migration effects of taxation in CA from the last Prop 30 that raised income taxes, and that was blunted by Obama's ATRA which added SALT deductions that are now capped. None of this even counts the secondary economic effects of driving a bunch of high-earners out of state: https://www.nber.org/papers/w26349 https://www.nber.org/papers/w26349
And for what, so we can subsidize electric cars that people are buying anyway? What an asinine piece of legislation.