It’s less than 1% of the population.
The infrastructure needs don’t change much.
How much of the tax burden did those people support?
That is really the question. One Elon Musk or Larry Ellison can leave town and carry away tax income equivalent to hundreds of other people.
Is there any breakdown of the class of people moving away? Specifically, i'd be curious if they are wage earners? passive income earners?
That is really the question. One Elon Musk or Larry Ellison can leave town and carry away tax income equivalent to hundreds of other people.
Is there any breakdown of the class of people moving away? Specifically, i'd be curious if they are wage earners? passive income earners?