Why People Are Fleeing California and New York
A complaint that California and New York governance is driving residents and wealthy taxpayers out, with no positive results to show for it.
- People are leaving California and New York as living conditions and politics frustrate residents.
- The pitch to voters was taxing the rich to help everyone else, but the rich are moving away.
- With wealthy taxpayers gone, the states lose the revenue base needed to fund their promises.
- Families in New York are feeling the impact, and there is little good news coming out of either state.
Outlook: The outflow of residents and wealth from California and New York is expected to continue unless state leaders deliver visible improvements.