Site for Free Markets and Free People

Friday, February 13, 2009

Poachers Aim for Californians

How many successful Californians who contribute significant tax revenue to state coffers will leave the state this year? The WSJ notes that several western states are aggressively wooing California's most prized residents (those that pay taxes and create jobs).

States should take note. If spending and taxes get too high, the best people and businesses are going to leave the state.

It now appears that some government workers will lose their jobs if no budget deal is reached. Not to sound too unsympathetic, but welcome to the real world. Every business in the country must cut costs in a recession; why shouldn't government do the same?