Or, framed differently, California is looking for deep pockets to bail out their failing budget rather than adjust their policy to match what they can afford.
The same has been happening in New Jersey with its insane taxes that don't really go to pay for services anymore and have diverted from transportation & infrastructure projects for decades now to bail out their severely underfunded pension funds...where the pensioners have almost entirely moved out of New Jersey to avoid the same taxes.
There's a point where what you get out is not worth what you put in. I don't blame Musk at all for doing what's best for himself, his company and (probably) his employees.
The same has been happening in New Jersey with its insane taxes that don't really go to pay for services anymore and have diverted from transportation & infrastructure projects for decades now to bail out their severely underfunded pension funds...where the pensioners have almost entirely moved out of New Jersey to avoid the same taxes.
There's a point where what you get out is not worth what you put in. I don't blame Musk at all for doing what's best for himself, his company and (probably) his employees.