Surprised? Not from this lifelong CA resident.
Anyone who willingly remains in CA at this point, just doesn’t understand what’s going there.
In 2013, CA will have, offcially, the top state income tax rate in the nation at 13.3%. This usurious.
Gov. O’Malley of Maryland put a special income tax on millionaires in Maryland - and 30,000 of them left the state. Now he’s telling voters that table gambling in MD will help fund education. Good Lord, who believes this claptrap?
Yea. They made some bad “investments” and the new tax will just about (more or less) make up for the loss.
Wonder what % the teachers retirement fund received?.