Comments by "Aden Wellsmith" (@adenwellsmith6908) on "MILLIONAIRES FLEE: Unveiling California's Looming TAX REVENUE CRISIS" video.

  1. In the UK the top 10% pay the same amount of tax as the other 90%. When even 1% of that top tax payer's leave, it causes major cuts. That's a 5% cut in tax receipts. What they can also do, is move the wealth and even stay. For example, by incorporating in other locations. Lots of business are now shells owning intellectual property. Running a website? it's not a physical location.
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