States Want to TAX You for Leaving? WA & CA Economic Shift Explained
Washington and California are facing a growing problem: businesses are leaving, high earners are relocating, and tax revenue is becoming less stable.
Now, lawmakers are exploring something that should raise serious questions… taxing people even after they leave.
While Washington stops short of calling it an “exit tax,” policy discussions are clearly moving in that direction. California is already further ahead, with proposals that could tax former residents for years after they move.
At the same time, major companies like Tesla, Oracle, and Hewlett Packard Enterprise have relocated…
The skinny
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