this post was submitted on 21 May 2024
542 points (99.5% liked)
United States | News & Politics
7192 readers
1 users here now
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Wow haven't they heard of capital flight? All of the millionaires are gonna leave or something
Some will, but probably not that many. There are still plenty of millionaires in California in spite of the state’s tax law.
https://pioneerinstitute.org/news/study-net-out-migration-of-wealth-from-massachusetts-nearly-quintupled-from-2012-2021/#:~:text=Between%202019%20and%202021%2C%20Massachusetts,to%20%244.3%20billion%20in%202021.
https://lemmy.world/comment/10194330