Mass Exodus From States Run By Top Democratic Governors Continues
Consider all the people coming into California from the south and even still the once Golden State is hemorrhaging people. (And taxpayers.) That is what we call “unsustainable.” The Cali pols are supposed to know all about that stuff. Guess not.
(From Forbes)
What they won’t be touting is the fact that during the administration of Gov. Pat Quinn (D), Rauner’s predecessor, 247,410 people on net left Illinois for the likes of North Carolina, Texas, Florida, Arizona, and other states that are better stewards of taxpayer dollars. Those 247,410 people who left during Gov. Quinn’s time in office, according to IRS migration data, took $13.7 billion with them to states that that are better run and have lower taxes.
The DGA really doesn’t want to dive into interstate migration data, as it does not reflect well on their most prominent governors. Let’s start by looking at what has happened in California since Jerry Brown became governor again in January of 2011.
Since Gov. Brown was sworn in, becoming the oldest governor in state history, 243,099 people have fled California on net for other states, taking $7.794 billion with them to states that don’t have such high taxes and onerous regulations that make housing unaffordable for middle class households. The top recipients of Golden State refugees last year were Texas and Nevada, two states that have zero income tax. California, meanwhile, levies the highest top marginal income tax rate in the nation. Policy, like elections, has consequences.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2017/12/mass-exodus-from-states-run-by-top-democratic-governors-continues/
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