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To: Tolik
In other words, Americans who live in high-tax, expensive states like a New York or California could in theory face collective confiscatory tax rates of 65 percent or so on much of their income.

Since both those states will almost certainly go Obama, I hope so. The producers will leave and the parasites will starve.

14 posted on 10/31/2008 5:37:17 AM PDT by nina0113 (If fences don't work, why does the White House have one?)
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To: nina0113

I believe that if this miscreant is elected, we need to boycott the American economy in as many ways as we can. By that I mean STOP SPENDING. Don’t spend on anything we can avoid and bring this economy crashing down. Yes, boycott ourselves.


46 posted on 10/31/2008 7:12:08 AM PDT by ichabod1 (You won't know communism is here until it puts a boot in your (fat) bottom.)
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To: nina0113

Been happeining in Kali-Fornia for years.

One of the reasons that Kali-Fornia has a $7 Billion dollar budget deficit is that many high income earners and businesses have fled (and still are fleeing) the state.

Whatshisname became Governator and promised a business FRiendly environment — I don’t think he has been able to deliver. Sure glad I left in ‘95.

Wonder how the economy is in Nevada? Arizona? Oregon? Utah?

I’ve even heard of Kali-Fornians moving as far east as Arkansas.

Of course, I’m just observing this phenomenon FRom the First Coast, and I could be wrong — but I doubt it.


85 posted on 10/31/2008 3:35:14 PM PDT by Taxman (So that the beautiful pressure does not diminish!)
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