Tag: california exodus

Cumulative Impacts From California Exodus Costs State Nearly $500 Billion, Will Get Worse: Economist

Recent Internal Revenue Service data showing a net loss of more than 425,000 people between 2021 and 2022 indicates California is losing residents to states with lower or no income tax, according to a Chapman University professor. “We are losing more of the high-income earners than the low-income earners, and it’s an increasing proportion of the total loss,” Jim Doti, ...

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The Exodus From the San Francisco Bay Area

News Analysis SAN FRANCISCO—San Franciscans started to feel the impact of a massive exodus starting with the COVID-19 pandemic and continuing as crime skyrocketed more recently. Residents have found that there are not as many people walking the streets downtown now. Usually there are more tourists than office workers, even during lunch break. No more crowds of people line up waiting ...

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