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To: SmithL

So, they are gung-ho on taxing the wealthy more. It never seems to occur to them that the wealthy can—and will—go elsewhere.


3 posted on 01/24/2012 6:40:10 PM PST by OldPossum
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To: OldPossum
It never seems to occur to them that the wealthy can—and will—go elsewhere.

No, just raise the price of goods and services....so who pays the increased tax?

4 posted on 01/24/2012 6:41:34 PM PST by going hot (Happiness is a momma deuce)
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To: OldPossum

“So, they are gung-ho on taxing the wealthy more. It never seems to occur to them that the wealthy can—and will—go elsewhere.”

And the smart folks will buy more of their “taxible items” on-line and avoid the sales tax altogether. Since California does not tax food, their sales tax revenue will go down not up if this passes.


7 posted on 01/24/2012 6:56:10 PM PST by vette6387 (Enough Already!)
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