By Heather Allen
California and New York, two leftist-led states, are experiencing a huge decline in tax revenue as residents continue to flee en masse, opting to move to freer states like Florida and Texas.
California’s Democrat Governor Gavin Newsom’s tyrannical Covid lockdowns began the migration shift. His policies pushed Californians to decide between freedom and repression. California has also seen soaring crime and homelessness, turning the once desirable state into a leftist nightmare.
The LA Times recently published a piece noting that another 40% of Californians are considering leaving the state. One Twitter user shared why staying in California is challenging. “California used to be where the American dream could come to life for so many, myself included. Now tax hikes, higher cost of living, rising crime, homelessness, and burdensome regulation are making life in the Golden State harder.”
Both California and New York rely heavily on the high taxes charged to their wealthy residents and witnessed a huge drop during the current 2023 fiscal year. Data obtained by the Urban Institute and shared via Daily Mail suggests both states have endured a huge drop in revenue, with California losing almost 25% and New York 19% in tax receipts…