California is becoming a place where only the poor will live.
From the U.K Mail Online.com: Tiger Woods said today that the reason he left California in the mid-Nineties was because the state's taxes were too high.
The golfer spoke at a press conference on Tuesday about his decision to move to Florida in 1996.
Speaking at Torrey Pines Golf Course in La Jolla, California, Woods said: 'I moved out of here back in ’96 for that reason.'
Woods, who is worth an estimated $600million, was referring to comments made by fellow golfer Phil Mickelson on Sunday that he will make 'drastic changes' because of federal and California state tax increases.
Referring to his rival, 37-year-old Woods added: 'I enjoy Florida, but also I understand what he was, I think, trying to say.'
Woods lives on a $80million estate situated in the exclusive Old Gate area of Palm Beach Gardens, Florida. It is close to the $12 million 'dream home' being built by his ex-wife Elin Nordegren for her and their two children Samantha, five, and three-year-old Charlie.
The couple divorced in 2010 following revelations that the champion golfer was a serial cheater with a string of mistresses. http://www.dailymail.co.uk/news/article-2266830/Tiger-Woods-admits-left-California-tax-rates.html
Soon in California, if it already hasn't happened already but there will be more people on the government payroll (Federal, State and local) Social Security, welfare, food stamp, WIC and other government benefits that those who pay for those benefits.
Meanwhile, the unemployment rate in California hasn't changed that much over the past few months but in Nevada, where we have no income tax, our unemployment rate has dropped over 3% in the past year or less. My guess, we will be getting more rich Californians who are fleeing their state to come here and pay no income tax.
The World We Live In
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