the tech exodus out of california is due to one simple fact:
top 1% of earners pay 43% of tax revenue in the US up from 19% in 1980
this is going to keep going up as tech automates labour
time for politicians to wake up and serve its biggest taxpayers instead of vilifying them
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
the tech exodus out of california is due to one simple fact:
top 1% of earners pay 43% of tax revenue in the US up from 19% in 1980
this is going to keep going up as tech automates labour
time for politicians to wake up and serve its biggest taxpayers instead of vilifying them