Residents are Leaving This State in DROVES Because of Exorbitant Taxes

By Philip Hodges

Residents in the state of California – particularly the Bay Area – are finding that high taxes, housing costs, and a generally high cost of living are forcing them out of the state. The housing costs and high taxes have prompted a net outward migration from the state, meaning that there are more people leaving the state than are coming in. In fact, according to the state’s finance department, during the year ending June 30, there were 61,100 more people who moved out of the state than moved in. The Mercury News reported that “the so-called ‘net outward migration’ was the largest since 2011, when 63,300 more people fled California than entered.”

Dan Hamilton – the economics director with the Economics Forecasting Center at California Lutheran University – told The Mercury News:....... To Read More..