By Joe Bishop-Henchman, includes “… the wealth tax proposal includes an exit tax to ensure that no one escapes the loving embrace of the California Franchise Tax Board. A person subject to the tax who chooses to leave the state will still be subject to it for ten years. … Aside from being bad policy, the proposal is plainly unconstitutional. The ten-year exit tax component violates the right to travel and impermissibly burdens interstate commerce”
Read the full article on: National Taxpayers Union