California’s fight over taxes and regulation is colliding with a broader economic shift, as wealthy residents and entrepreneurs take their money elsewhere — delivering a windfall of capital, jobs and taxpayers to red-state competitors.That shift is already visible in migration patterns across the country.From 2021 to 2024, Texas and Florida posted the largest net population gains, while California and several northeastern states recorded some of the steepest losses, according to IRS and U.S. Census Bureau data.CALIFORNIA WEALTH TAX PROPOSAL HEMORRHAGES $1T AS BILLIONAIRES FLEEThose migration t...

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