The article has an agenda to promote low taxes. It casts the net flow of head count out of California as bad. In the Bay Area where I live, I personally see that when people talk of leaving they complain of the cost of living, but that is a consequence of how prosperous the Bay Area is for some industries. If the top destinations include Nevada and Arizona then I imagine we are reading of a migration of retirees as well people in softening industries. It is natural for societies to have premium destinations.
If we had lower taxes like Texas, perhaps more retirees could afford to live here, but I would rather have a state with better infrastructure and better institutions. Why should we have poor state resources because because some can no longer afford to live in an area where their homes are now worth 5x the price of when they bought them? As a parent I want good schools.
Side note: I don't think it is a coincidence that one of the top searches for 'State Tax' is www.retirementliving.com/taxes-by-state, and that the Republican Party (the party of no-taxes-no government-except-for-medicaid) is the party for old people.
Comments
The article has an agenda to promote low taxes. It casts the net flow of head count out of California as bad. In the Bay Area where I live, I personally see that when people talk of leaving they complain of the cost of living, but that is a consequence of how prosperous the Bay Area is for some industries. If the top destinations include Nevada and Arizona then I imagine we are reading of a migration of retirees as well people in softening industries. It is natural for societies to have premium destinations.
If we had lower taxes like Texas, perhaps more retirees could afford to live here, but I would rather have a state with better infrastructure and better institutions. Why should we have poor state resources because because some can no longer afford to live in an area where their homes are now worth 5x the price of when they bought them? As a parent I want good schools.
Side note: I don't think it is a coincidence that one of the top searches for 'State Tax' is www.retirementliving.com/taxes-by-state, and that the Republican Party (the party of no-taxes-no government-except-for-medicaid) is the party for old people.