Matthew HaugheyIs there a website that tracks every California billionaire (who built their entire career inside the state and benefited immensely from it) who moved to Florida or Texas because CA passed a modest new tax on the ultra, ultra wealthy to help pay their share for the state that made them rich?
Jay@mathowie It could be a fun (read: depressing) project to plot billionaires on a timeline, graphing the tax rate, amount, and net worth throughout the years, highlighting any changes to tax laws and moves.
I’d be willing to bet that if you did the same with millionaires, there would be far less movement, especially as you go from hundreds to tens to ones, even if they paid similar amounts.