England discovered the same thing when they tried taxing their wealthy into penury.

CALIFORNIA HAS LOST A TRILLION DOLLARS IN POTENTIAL STATE INCOME DUE TO A PROPOSED ‘BILLIONAIRE TAX’, BECAUSE THOSE BILLIONAIRES HAVE MOVED OUT AND TAKEN THEIR STATE TAX AND INVESTMENTS POTENTIAL WITH THEM. IT COULD BE TURNED INTO A GAME SHOW QUESTION FOR STUPID LEFTISTS. 'WHAT IS CONSEQUENCE?'