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and it is higher than in california for our own government. todd: a lot more people in california or tennessee. i want to bring in the chief investment officer for wheelhouse and ask you about this. why are we seeing major migration from new york to places that don t have state income taxes, is it regulation? what is moving people? reporter: work from home as much as possible but a couple other things as well. i don t think it has been driven by the policy of having freedom to move around but there are other things. we had an unbelievable run in the stock market which means people have now created more net loss with savings rates in the united states at peak

Southern californiaNew yorkChief investment officerDemocrats don tHit regulationState income taxesThe americansStock market