You know the California exodus is serious when the Hollywood stars start to leave. That is exactly what Kiss star Gene Simmons is doing. He has listed his $22 million home for sale because he says that California’s tax rates are “unacceptable.”
Simmons and his wife are moving to Mount Rainier, Washington, where they found a 24-acre estate. Washington has no personal income tax. California’s income tax rate is 12.3% for top earners, which we can all surmise that Simmons is.
“California and Beverly Hills have been treating folks that create jobs badly and the tax rates are unacceptable,” Simmons told the Wall Street Journal. “I work hard and pay my taxes and I don’t want to cry the Beverly Hills blues, but enough is enough.”