FUNDAMENTALLY TRANSFORMED: Almost half of California 2014 income taxes paid by top 1 percent.

As Iowahawk tweeted at the start of the month, “California is still a paradise for billionaires and bums. The problem is what it’s like for people in between…If you make $75,000,000/year, there’s no better place than California. If you make $75,000/year, no better place than Texas.”

Related: Considering that many of those one percenters paying the bills in California lean (often perilously) left — even as they’re demonized by their fellow Democrats — it will be fascinating watching the state eat its own seedcorn.