The San Francisco Bay area currently keeps the state afloat. The Bay Area ranks first in the nation with 387,000 high-tech jobs. The Bay Area has the highest concentration of high-tech workers of any metropolitan area in the nation, with 285.9 out of every 1,000 private-sector workers. The Bay Area has the highest average high-tech salary at $144,800. Largely a result of the high technology sector, the San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area (”Silicon Valley”) has the most millionaires and the most billionaires in the United States per capita.
Grant what you report is true. The tax crazed legislature in response to its poverty stricken constituency will eventually ‘slay the golden goose.’