Quote:
Originally Posted by sperbonzo
Personally I don't think that they have the ability, or the will, to think in realistic economic terms.
I predict that California will vote to raise taxes on the highest earners in the state, both personal and corporate. This will cause those high earners to start to flee the state, taking their money, and the businesses, and jobs that they create, with them, and what will end up happening is that the lawmakers will actually succeed in LOWERING the states revenues.
You read it here first.
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Please if you are already high earner how come they are living there NOW? Rich people live in California because they love living there. They can already afford the taxes. If that was an issue they'd come live in my current shithole state of Tennessee where there isn't a income tax. Hell in my area $200k can get you a 4000 square foot house and 10 acres of land MINIMUM. Total property tax would be maybe $2000 a year. So how come my area isn't full of millionaires? Oh because it sucks. You see some things are more important than money. Of course you're jewish so I can see how that idea is beyond your comprehension.