California says it lost $2.3 billion in state personal income taxes from earners leaving the state

Good news! The wonderful power of voting with your feet for individuals and businesses under federalism!

"California’s Legislative Analyst’s Office says the state lost approximately $2.3 billion in state personal income taxes due to outmigration in the 2022-2023 fiscal year. With Newsom claiming the state's population grew in 2023, the net decrease in taxpayers and taxpayer dependents for fiscal year 2022-2023 suggests California could be losing productive individuals and their families as it gains non-tax-filers. ..."

California says it lost $2 billion in state income taxes from earners leaving | Just The News