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California Activist Proposes Wealth Tax and Probably Unconstitutional Exit Tax
Tax Foundation ^ | Aug 25, 2008

Posted on 08/27/2008 1:33:29 PM PDT by John Jorsett

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To: John Jorsett

Exit tax. Sounds like a Communist country that doesn’t let people leave. Just tell them you are an illegal alien and you will be free to wire billions to Mexico no questions asked.


41 posted on 08/27/2008 2:41:26 PM PDT by weegee (The higher taxes that Obama demands of Americans are 'Above my Pay Grade'.)
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To: kellynla; calcowgirl; ElkGroveDan; SierraWasp; doug from upland; fieldmarshaldj; AuH2ORepublican; ..

Holy cow! Even for California, this is out there!

If the really want to raise money, put a hefty surcharge on those who come there, especially illegal aliens.


42 posted on 08/27/2008 2:42:08 PM PDT by Clintonfatigued (If Islam conquers the world, the Earth will be at peace because the human race will be killed off.)
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To: goldstategop

They aren’t liberals. Call them what they really are, socialist despotic tyrants.


43 posted on 08/27/2008 2:42:31 PM PDT by weegee (The higher taxes that Obama demands of Americans are 'Above my Pay Grade'.)
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To: tx_eggman
People Who Need To Be Punched In The Face List®

I should be so gracious...

I just don't talk about my list; it'd only get me banned.

44 posted on 08/27/2008 2:46:52 PM PDT by HKMk23 (LIGHTS ON FOR DRILLING NOW! ...and wind, and solar, and nuclear, 'cuz it's not "either...or".)
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To: John Jorsett
ATLAS PUKED!!!
45 posted on 08/27/2008 2:50:26 PM PDT by Chode (American Hedonist - CTHULHU/NYARLATHOTEP'08 = Nothing LESS!!!)
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To: John Jorsett
In addition, existing California residents who stay are hit with a one-time tax of 55 percent on assets in excess of $20 million.

If people are so DUMB, they should get TAXED!!

46 posted on 08/27/2008 2:51:55 PM PDT by RightWingTeen (Support FREE education - Homeschool and FREE your kids from SOCIALISM!)
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To: A_Former_Democrat
Unless, of course, Marxist President Obama would pack the Courts with Ayers/Dohrn types.

With some FReepers on here, we might get EMPEROR OMAMA!!

47 posted on 08/27/2008 2:54:08 PM PDT by RightWingTeen (Support FREE education - Homeschool and FREE your kids from SOCIALISM!)
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To: John Jorsett

Sure. And I propose a 95% tax on the assets of all eggheads who agitate for higher taxes.

Unfortunately, these nutty ideas always start in CA and spread like wildfire.


48 posted on 08/27/2008 2:59:03 PM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: MarkT

“No socialists or communists need apply.”

That doesn’t leave many people form CA eligible.


49 posted on 08/27/2008 2:59:18 PM PDT by A Strict Constructionist (We have become an oligarchy not a Republic.)
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To: VRWCmember; ConservaTexan
Since Reagan the best thing to come out of California is I-10 West. Did you mean I-10 East?

I hope so, unless people in California and drive INTO the Pacific Ocean. I-10 runs from LA to JAX.

50 posted on 08/27/2008 2:59:40 PM PDT by RightWingTeen (Support FREE education - Homeschool and FREE your kids from SOCIALISM!)
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To: econjack
Does anyone in CA realize that another option is to reduce spending rather than raising taxes?

If there's any CONSERVATIVES in CA's state House and senate, they should speak out against this NUTCASE!! (Of course, maybe all conservatives left the state!)

51 posted on 08/27/2008 3:02:28 PM PDT by RightWingTeen (Support FREE education - Homeschool and FREE your kids from SOCIALISM!)
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To: Truth is a Weapon

Isn’t ironic that this will hit the Hollywood types pretty hard with their expensive real estate that will become instantly worth less if just the petition is successful. The exit will start hard. What fool will wait for the vote?

The looters just won’t learn that their plan cannot work in the long run. All producers either switch sides or flee. Soon no wealth is left to loot. Then the looters have to do each others laundry in hope of surviving.”

Straight out of Atlas Shrugged......


52 posted on 08/27/2008 3:09:07 PM PDT by ridesthemiles
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To: John Jorsett
and penalize people who leave the state by seizing 55% of assets exceeding $20 million.

Straight out of the Soviet Union.

53 posted on 08/27/2008 3:11:00 PM PDT by Centurion2000 (Define yourself by what you do, not by your ideology, belief, origins, genitals, etc ....)
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To: econjack

Does anyone in CA realize that another option is to reduce spending rather than raising taxes?
____________________________________
Er, ah, um interesting concept but something this simple will never work in California. Only increases in spending can be considered (many of them automatic). Are you some kind of radical right winger or something? /s


54 posted on 08/27/2008 3:25:15 PM PDT by Joan Kerrey
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To: John Jorsett

Reading the text of the proposal, I now see two other issues that will get this canned. 1. The new revenues generated from it will be exempt from prop 98 funding. The teachers unions blitz the media any time any funding proposal comes up that cuts them off from their “fair share”. There is no way they’re going to let hundreds of billions in potential revenues slide by without a fight. 2. It looks like this raises taxes 10% + $1000 on EVERYONE in the state making over $23-odd thousand dollars a year. That’s a huge tax jump, and that alone will get it killed off. California may be full of liberals, but we’re also still the same state that pushed through prop 13 and we do NOT vote for direct tax hikes.


55 posted on 08/27/2008 3:31:52 PM PDT by Arthalion
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To: John Jorsett

California, like Michigan, is being overwhelmed by welfare slobs and socialists. The productive citizens are out-numbered and need to leave before they are forcibly fitted for chains.


56 posted on 08/27/2008 3:49:54 PM PDT by sergeantdave (We are entering the Age of the Idiot)
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To: VeniVidiVici

GUILTY!


57 posted on 08/27/2008 3:53:26 PM PDT by AFreeBird
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To: John Jorsett

Quote
“Of the approximately $48 billion in accumulated budget shortfalls that the 29 states with projected deficits are facing, $33 billion, or two-thirds of the gap, is concentrated in those five states considered by corporate executives to be the least friendly to business [New York, California, New Jersey, Michigan and Massachusetts].


58 posted on 08/27/2008 3:55:37 PM PDT by twistedwrench
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To: VeniVidiVici

Are you sure that's not Bobby Lee from MadTV?


59 posted on 08/27/2008 4:04:02 PM PDT by tnlibertarian
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To: RightWingTeen

Come to think of it them driving into the Pacific doesn’t sound half bad.


60 posted on 08/27/2008 4:28:33 PM PDT by ConservaTexan (February 6, 1911)
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