Commentary
Liberals are very good at chasing rich people out of their states.
Blue states lose billions of tax dollars and many tens of thousands of jobs as a result of the migration of rich people leaving high-tax and high-crime states. It seems to happen nearly every day.
Consider Elon Musk. He left California for Texas. He paid $11 billion in federal taxes last year, and the state of California will likely lose billions in tax revenues in his absence—and that doesn’t include all the property and sales taxes that his Tesla employees will now pay in Texas rather than the Golden State. Texas has no state income tax, of course….
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