People are leaving the Golden State primarily because of high taxes, according to an economist at Chapman University.
Jim Doti, president emeritus of Chapman, whose A. Gary Anderson Center for Economic Research forecasts economic trends, conducted a survey with 75 different metropolitan areas around the nation, looking at taxes and housing prices in those areas.
Doti said it is high taxes, rather than high housing costs, driving Californians to move to other states.
“The taxes are too high, nothing is being done now,” Doti said in an interview with EpochTV’s “California Insider” program.
Californians and businesses are leaving the state at a high rate, according to Doti. In the last 5 years, California has experienced a net loss of 750,000 people, he said….