California Post Opinion Editor Joel Pollak discusses why California is a bad choice for retirees living on a fixed income. He highlights high state taxes, inheritance taxes and pension taxation as key factors driving retirees to states like Florida.
Retiring in California is a bad choice due to aggressive state taxation, warns Joel Pollak. He explains how high inheritance taxes and pension taxation drive people to tax-friendly states like Florida. Pollak argues that high tax revenues are spent on healthcare for illegal immigrants rather than supporting residents, making comfortable retirement extremely difficult in California.