Part 8/12:
California’s heavy taxation policies, especially targeting billionaires and large corporations, are exacerbating the problem. Reports indicate that in the time taken to deliver this narrative, California has lost 19 taxpayers every minute, while Texas and Florida are each gaining approximately eight along the same timeline. This mass exodus is rooted in policies perceived as punitive—tax hikes on corporations like Amazon, increased business taxes, and attempts at retroactive taxes on billionaires.