Posted on 07/10/2009 10:09:49 PM PDT by greatdefender
SACRAMENTO, Calif. – The poor are more likely to leave California than the rich, despite concerns that the state's relatively high income tax rate is driving away the wealthy, a new study shows.
The report released Friday by the Public Policy Institute of California determined the poorest 20 percent California residents are twice as likely to leave the state as the richest 20 percent.
Factors such as cheaper rent and home prices outside the Golden State seem to edge out income taxes when people of all incomes decide whether to stay or go, said institute researcher Jed Kolko, who authored the report.
"It does not look like rich people are leaving California in order to avoid income taxes," Kolko said.
Tax critics often claim the state's high cost of living and tax structure drive high-income earners out.
The study found that the rich — those in the top 20 percent of income earners — leave California at only a slightly higher rate than those who arrive. For those with incomes above $200,0000, the departure rate is only 1.09 households for every one household that arrives, the report said.
Meanwhile, 1.73 households with annual incomes of $22,000 or less depart California each year for every one out-of-state arrival.
States with no income tax such as Nevada, Texas and Washington are among the top five destinations for people of all incomes. Texas and Washington also export some of their wealthiest residents to California.
"States without income taxes are cheaper than California in other ways — housing costs, for example — that matter to all types of households, not only to those with the highest incomes," the report said.
(Excerpt) Read more at news.yahoo.com ...
Finally - some good news!
The fact is few can afford to live in California.
The only ones making out like bandits are the ILLEGALS.
They know there won’t be any jobs. Wonder why our government doesn’t?
A dear relative once told me “there’s the coast, the beach and it is the only one there is and it’s beautiful! People will always want to own a piece of it.”
The rich pay the bulk of the taxes. Any loss hurts but this researcher is too stupid to realize that.
Not for non-Californians. Guess they’re not taking state IOUs for crack.
Just heard from one of my brothers trapped behind enemy lines in Cali. He’s having his 4th baby .... and they are getting out of California.
No doubt about it. Living three or four families to a single family dwelling, they can make it better here than anyone else. Besides, California is an easier mark than any other state when it comes to handouts. This researcher is looking in all the wrong places to blow smoke.
California actually purchases space on billboards to make sure illegal immigrants know where they can get services for free.
Yes they do... they advertise the welfare state... that’s why they’re going broke.
Note to Californian “refugees” : When you come to a new state, PLEASE CHECK YOUR LIBERAL BS VALUES AT THE BORDER. You f**ked up one state, leave your new state alone.
Also, learn how to drive and not like some carjacker on crack.
You really need to rethink your comments. About 47% of California voters vote for decent things. In fact the vast majority of districts vote Conservative. It’s just that the elevated population centers of San Francisco and Los Angeles skew things.
If we could get about five million Conservatives to move back into California, it would be making good moves that would ripple across the nation, instead of bad.
Failing that, if the Republican Party leadership out here didn’t resemble clones of John McCain, we’d get things back on track ourselves.
Conservatives in this state get no support from the RP whatsoever.
I dare say your state would look rather grim in five to ten years, if you had the same RP leadership there, we do here.
Did you ever see this column by Jill Stewart?
http://blogs.laweekly.com/ladaily/election/clueless-california-voters-fai/
Amen to that. People from NJ are wreck places like NC. NY’ed and Massholes wrecked NH.
Utah, NM, AZ, ID, OR, WAS and other places have been or are being wrecked by locust from CA.
I wonder in the article if “the poor” are the formerly middle class who can no long afford the state or real poor. I doubt it is real poor because the welfare has not been cut off yet.
No I didn’t, but you can’t expect to have an aware populace, if the Democrats are going to by default be give the sole task of educating the adults in the state.
Every election comes around, the RP Leadership is almost mute, and the Democrats are left spreading false impressions about whether education gets enough funds or not.
If asked, I’d be surprised if the majority of the populace knew that K-12 got more than 7 or 8% the state budget. Further, I’d be surprised if they didn’t think the poor in the state get next to nothing, that illegal immigrants are the ones treated unfairly, and that the middle class whites in the state get unfair advantage.
I wonder if the poor are illegals and how many of them are returning to Mexico.
I don’t believe their numbers. About 20% of the top 200,000 earners have left the state.
There. Fixed.
Oh illegals are among the most protected classes of all. Everyone else will get IOUs but not the illegals. ;-)
We do it is called the Ohio Republican Party.
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