How would federal tax overhaul hit California? Dan Walters expects a wealth exodus

Congresswoman Mimi Walters backed a $12 billion tax hike for. – A $12 billion tax hike is coming for Californians next year, thanks to the Republican tax bill championed by Congresswoman Mimi Walters (R-Irvine). According to an analysis by the Franchise Tax Board, new caps on tax deductions included in the Walters-backed bill is the main factor in higher taxes for many Californians.

Is the President’s Health Bill Worth Supporting? – In this week’s JOURNAL, bill moyers spoke with two prominent advocates of health reform with very different perspectives on the President’s health bill. Wendell Potter. in which the federal.

Rough&Tumble California Policy and Politics – Dan Walters Calmatters– 12/25/17. In California, harassment scandals roil ruling Democrats– A national reckoning on sexual harassment that got its start in Hollywood is now upending democratic politics throughout the nation’s most populous state. David Siders and carla marinucci politico– 12/25/17

Stories for January 2016 – The Guest is Like God One Sunday in November 1989, Barry Lall, an Indian-American doctor, was driving over the Coronado Bridge with his wife Hema, their four-year-old son Arjun, Lall’s father and.

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The wealthy exodus from high-tax states – YouTube – Center for Freedom & Prosperity Chairman Dan Mitchell on the impact of the tax reform legislation on high-tax states across the country.

Wealthy exodus to escape new tax rules worries California. – Gov. Jerry Brown and other Democratic leaders worry the new federal tax law will inspire. Wealthy exodus to escape new tax rules worries California Democrats. How to turn federal tax reform.

'Inheritance tax' another reason for wealthy to flee state. – ‘Inheritance tax’ another reason for wealthy to flee state. Eliminating the deduction, as some Republicans propose, would give the federal government a big injection of revenue, with about a fifth of the windfall coming from California because it has the nation’s highest state income tax rates. The offset is, in effect,

Federal tax overhaul could lead to changes in some states. and nearly all of them rely to some degree on definitions from the federal tax code. Economists expect that many states will see their.

Republican Tax Reform May Accelerate Exodus Out of California. – The Mises Institute just released a study on the phenomenon of tax exodus, and it found that 7.5 million people have left high-tax states, Puplava noted. The top destinations were Florida, Texas, and North Carolina. With the push to eliminate state and property taxes as deductions at the Federal level, many may have little choice but to leave.

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EXODUS: Millionaires are leaving California following tax. – EXODUS: Millionaires are leaving California following tax hike. The state of California is beginning to see millionaires, many of whom pay most of the taxes, leave. After raising taxes from 8 percent to 13.3 percent, effectively making it the nation’s highest state income tax rate, many high-income individuals have left The Golden State,