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The Great Golden State Business Exodus
Investor's Business Daily ^ | 1/3/12 | Staff

Posted on 01/03/2012 5:26:34 PM PST by Nachum

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To: Nachum

Good for you for being an optimist! (and I hope you’re right).

Brown IS cutting a few things — but raising taxes even HIGHER. Not like those “rich” who are targeted for new taxes can’t take their money to another state like Nevada or any other without a state tax (and is exactly what they’ve done and are doing).

He’s proposed raising the sales tax again, but only ‘temporarily’ — yeah, sure.

We have a massive welfare population here - they (as Pat Buchanan says) will vote themselves government entitlements in perpetuity, they’ll vote for whoever promises to continue their government-funded gravy train. They have little to no understanding that SOMEONE has to FUND their lavish benefits.

As Margaret Thatcher said, at some point, Socialists run out of other people’s money!!

All the best to you.


41 posted on 01/05/2012 11:42:14 PM PST by Bon of Babble (The Road to Ruin is Always Kept in Good Repair)
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