re: Plan on escaping california? They'll tax you for that

quote:

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CHAPTER 2. Imposition of Tax on Wealth

50305. (a) For the benefit of accumulating excessive wealth in this state, there shall be imposed an annual tax of 0.4 percent upon the worldwide net worth of every resident in this state in excess of the following:
(1) For married taxpayers filing separately, fifteen million dollars ($15,000,000).
(2) For all other taxpayers, thirty million dollars ($30,000,000).

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This would present a whole laundry list of problems and unintended consequences these idiots haven't thought through. Just like that stupid bill they rushed though trying to turn contract workers like Uber drivers into employees. That was a clusterfrick of epic proportions.