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Why wouldn’t they? Residency isn’t a big deal at all for a billionaire
Officially launching on Thursday, the first-of-its-kind effort is led by state lawmakers in California, Connecticut, Illinois, Hawaii, Maryland, New York, and Washington—collectively home to around 60% of the country's wealth. >

Damn, this is kind of big tbh. >

Of course Congress won’t act. The overwhelming majority of them are in the top 5% >

Many started out well off and ended their tenures fabulously rich. All on like a 150k a year salary. >

"If we raise taxes, they will leave the state and then we won't get anything"
Where do you think they got their wealth in the first place? From mooching off your state. Taxing them higher or make them leave, both earn more money for the state. >

How does making them leave earn more money from the state >

Why would they leave?