Hot Air reports research findings that show people who leave California for elsewhere end up being better off financially - more likely to become homeowners - than those who stayed behind. This is no surprise but also no small thing.
I don’t remember sharing our personal example of moving our residence-of-record from CA to WY. We saved enough in state income and sales taxes to pay for a nice overseas trip every year.
WY has NO state income tax and the sales tax is 4-5% instead of 8-10% in CA. The big savings is not paying state income tax.
The DrsC can afford to live in CA but we are better off financially living elsewhere. Plus government policy in WY more closely aligns with our conservative values. If WY isn’t the most Republican state it is certainly among those few in contention for that honor.
