California Millionaires Forced to Flee to Las Vegas

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There is a new potential state tax increase coming in California that could have numerous millionaires fleeing the state to come to Nevada (and other states with less taxes). Las Vegas already receives many transplants every year moving from California to live in Southern Nevada. As taxes as regulations continue to go up in California, this pushes more people out of the state to other parts of the country.

California Democrats want to tax millionaires: top state tax rate would be 16.8%
https://www.sfchronicle.com/business/networth/article/California-Democrats-want-to-tax-millionaires-15450289.php

AB-1253 Personal income taxes: additional tax.(2019-2020)
https://leginfo.legislature.ca.gov/faces/billVotesClient.xhtml?bill_id=201920200AB1253

Party control of California state government
https://ballotpedia.org/Party_control_of_California_state_government

Millionaires Leaving California Over Taxes Is Nothing New
https://www.forbes.com/sites/robertwood/2018/07/16/millionaires-leaving-california-over-taxes-is-nothing-new/#1a81363f6f67
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