Friday, January 04, 2013
A new US Census Bureau report shows that, "About 100,000 more Californians moved to another state in 2011 than California gained from other states," in the summary by the Sacramento Bee. The main destinations of the 562,343 Californians who left: Texas 58,992, Arizona 49,635, Nevada 40,114 and Washington 38,421. Note that, of those four states, three have no state income tax at all. And the fourth, Arizona, has a top rate of 4.54 percent, just under a third of California's top rate.
Read more: http://www.appeal-democrat.com/articles/tax-121854-state-california.html#ixzz2H1Uoovyy
The Controllers office says it's too early to tell whether the new highest in the nation top rate will actually have an effect. Riiiight.