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Opinion

Two States, Two Visions: California Wants to Add a Wealth Tax; Florida Wants to Remove One

Two States, Two Visions: California Wants to Add a Wealth Tax; Florida Wants to Remove One
A 1040 Internal Revenue Service tax form, in this file photo. Madalina Kilroy/The Epoch Times
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Commentary
While Sacramento legislators debate how to extract more money from residents who are already leaving, Tallahassee legislators are moving in the opposite direction. The fiscal philosophies now playing out in California and Florida represent the starkest tax policy divergence in modern American history—and the numbers tell the story.
Dr. Siri A. Terjesen is associate dean, research & external relations, founding executive director of the Madden Center for Value Creation.
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