How would federal tax overhaul hit California? Dan Walters expects a wealth exodus | The fresno bee. dan Walters expects a wealth exodus. in sales and income taxes. The new federal tax.
EXODUS: Millionaires are leaving California following tax hike July 9, 2018 By Andrew Moran Leave a Comment The state of California is beginning to see millionaires, many of whom pay most of the.
The Mises Institute just released a study on the phenomenon of tax exodus, and it found that 7.5 million people have left high-tax states, Puplava noted. The top destinations were Florida, Texas, and North Carolina. With the push to eliminate state and property taxes as deductions at the Federal level, many may have little choice but to leave.
As we weigh the impact of the federal tax overhaul, now being wrought by President Trump and the Republican Congress, on California, we should keep in mind the first and foremost axiom about taxation.. How would federal tax overhaul hit california?. dan walters has been a journalist for.
So why are California’s Democratic politicians complaining that the federal tax overhaul is a slap at this and other high-tax states?. concern about a potential exodus of the taxpaying rich.
How would federal tax overhaul hit California? Dan Walters expects a wealth exodus. Don’t expect this tax reform (or any other) to be fair or even logical. Dan Walters has been a journalist for nearly 57 years, spending all but a few of those years working for California newspapers.
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When President Donald Trump signed an overhaul of the federal tax system six. Dan Walters: California can’t sidestep federal tax impact. For more stories by Dan Walters, go to Commentary.
‘Property Man’ host and Fox News legal analyst bob Massi discusses reports that many wealthy Californians are fleeing the state over GOP tax reform concerns.
However, as the ACA moves to a back burner, President Donald Trump and Congress appear to be moving a tax overhaul to the front – and once again, California has a big stake in what, if anything.