And yet they still have the highest GDP in the nation by a wide margin… you know which other state also regulates the insurance industry/rates very tightly? Texas. So does Florida, New York, and Illinois… and oh wow that just happens to be the top 5. Responsible for the 40% of the entire USA GDP. Its almost like macro-economics isn’t as straightforward as some would make you believe.
California wants to know how much the Federal Tax cuts are so they can institute and equal or higher tax on their citizens. What a place!
And yet they still have the highest GDP in the nation by a wide margin… you know which other state also regulates the insurance industry/rates very tightly? Texas. So does Florida, New York, and Illinois… and oh wow that just happens to be the top 5. Responsible for the 40% of the entire USA GDP. Its almost like macro-economics isn’t as straightforward as some would make you believe.