
The early headline on a New York Times story (2/7/13) by Adam Nagourney was, "Millionaires Consider Leaving California Over Taxes." At some point they changed the headline, probably because there's nothing in the article that would support it. But the problems with the piece remain. The story it's trying to tell is about a new tax increase on income over $1 million. Combined with federal/state taxes, the tax bill can really start to add up for the super wealthy–an "unpleasant surprise for the rich." I feel as bad for them as you do, no doubt. The point of the article, [...]

