from Hacker News

What Happens When the 1% Go Remote

by stevenking86 on 12/18/20, 6:22 PM with 3 comments

• by jelliclesfarm on 12/18/20, 7:25 PM

  the article says that it wrecks havoc on city finances. obviously, they are referring to the silicon valley exodus. most of the move is to red states with less tax burden demands.

  who is going to break the news to california?

  also: california will chase you and claim taxes even if you move to another state and if you ask much own a tiny apartment or a utility bill in your name. which means that those who are moving out..its the same with businesses..if their goal is to give their businesses a chance to survive financially will have to cut ALL ties with california. clean cut. they'd have no reason to return.