California's FAFO future in Norway

Let's see what happened in Norway: "Norway's Wealth Tax Unchains a Capital Exodus." - "Norway's wealth tax increase, expected to raise $146M, led to a $448M net loss as $54B in wealth left the country, reducing tax revenue by $594M."

I continue to be amazed to think that Gavin Newsom is considered a serious candidate for the Presidency.  Everything - everything! - in California is a train wreck.

Except for the train.  Because it hasn't been built.

Residents exiting Massachusetts took a net of $4.2 Billion in adjusted gross income with them in 2023, one of the largest totals in the country, after a tax on millionaires took effect - Bloomberg pic.twitter.com/s47lnvXCRg

— Evan (@StockMKTNewz) March 20, 2026