The California State Legislature is considering passing a “Wealth Tax” on any resident fleeing the state for another. It would last for ten years and levy taxes on the former residents on each of those years. The rationale they’re using is California “allowed” them to accumulate said wealth and therefore the state is entitled to a residual tax on it. I cannot see it surviving judicial challenge. It is telling on just how severe exodus from the former Golden State must be for the socialists to think they can leech onto their former residents.