Friday, February 8, 2013

Facing record taxes, rich Californians consider moving to cheaper pastures

Contra Costa Times
Are rich Californians ready to trade their sun-soaked beaches for cow pastures or move their corporations from bustling, cosmopolitan cities to wide-open spaces -- all in the name of saving money? That's what lots of politicians and businesspeople in states with no income tax -- including Texas, Nevada, Florida and Washington -- are hoping now that California's wealthiest are paying more than any other state in the nation in income taxes.