Scot Bertram, Wealthy Californians are leaving the state in large numbers, looking for lower taxes, fewer regulations, and different socio-political climates

Live—from the campus of Hillsdale College in beautiful Hillsdale Michigan— this is Scot Bertram in for Steve on the Steve Gruber Show for

 

–Wednesday December 20th 2023—

 

—Here are 3 big things you need to know—

 

One — Former President Trump is being barred from appearing on Colorado's Presidential ballot next year, at least for now. The Colorado Supreme Court said on Tuesday he violated the 14th Amendment's "insurrectionist ban" on January 6th, 2021 when he encouraged the violent demonstrations at the U.S. Capitol. Trump had earlier won similar cases in Michigan and Minnesota.

 

 

Two—  The Biden administration is writing standards for artificial intelligence.  The Commerce Department on Tuesday said it was taking the first step toward writing standards and guidance for the safe deployment of A.I., and was seeking public input for conducting tests to ensure the safety of A.I. systems.

 

 

And number three — Wealthy Californians are leaving the state in large numbers, looking for lower taxes, fewer regulations, and different socio-political climates.  As 750-thousand more people left California than arrived in recent years, their taxable income left with them.  Analysis of IRS data shows the average gross income of California taxpayers who moved to another state was about 137 thousand dollars.