The Golden State might be able to stomach more ultra-wealthy departures than first feared.

A 2021 ProPublica investigation found that between 2014 and 2018, the country’s 25 richest people saw their net worths rise a collective $401 billion, although they paid $13.6 billion in federal income tax, a rate of only 3.4%. The average federal income tax rate, meanwhile, stands at 14.5%, according to the Tax Foundation.