Posted on 04/13/2009 9:02:55 PM PDT by LoRo
Donald Trump and Rush Limbaugh are sending the same message to New York’s Governor David Paterson: Hike taxes for high-income earners and your major taxpayers will leave the state.
Trump told FOX host Neil Cavuto that the “millionaire’s tax’ is going to be “total disaster” for the state and will consider leaving New York. Trump warned that he also spoke with 25 to 30 people “leaving or going to consider leaving.” Limbaugh went a step further on April 11 when he told Cavuto he will leave the high-tax state and is happy to “lead the way.”
In Limbaugh’s interview with Cavuto, the talk radio host said New York will suffer by smacking the successful with even higher taxes. Limbaugh predicted that New York’s tax increases will cause an exodus of high-income earners leaving the state. “They have no idea the shortfall of revenue that their own policies are going to be creating,” Limbaugh fumed.
(Excerpt) Read more at businessandmedia.org ...
As Margaret Thatcher once opined, “Socialism is great until you run out of other people’s money.”
Rush owns more than one place.
He owns a home on Palm Beach but maintains a condo in N.Y. city as he is there quite often.
If his show takes place in N.Y. He gets taxed.
He gets taxed higher on his Condo also.
Good info...thanks......any good COUNTRIES to go to??
The liberals’ answer to the exodus would be to just raise taxes in every state on every “millionaire.”
(Liberal morons cannot delineate between the “high income earner” and the “rich.”
Uruguay, Costa Rica, Philippines, the Malaysian territory of Labuan, Vanuatu, Samoa, Cook Islands, Nauru, Niue and the Marshall Islands.
YIKES!! None of those places sound good.....and with HORRIBLE health care!
Puerto Rico is worth a look, not only for taxes but for thevery favorable business climate in terms of zoning and other regulation.
Take a serious look at Uruguay. The most stable democracy in South America. Wonderful weather.
Ok...thanks.
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