Posted on 05/26/2009 5:20:28 AM PDT by reaganaut1
Most millionaires are pretty darn smart, that's why they are millionaires!
It doesn't even take a politician's IQ to shift income to tax free investments. Or redecorate the office, buy shiny new equipment or lease a new car, and to deduct those expenses from gross revenues.
Yes,that did happen and,as a response,the New Hampshire legislature (controlled by RATS,surprisingly) passed a law forbidding NH businesses to do what MA tried to force them to do (the malls on the border are very important to NH's economy).
And as for border guards,I've read that MA has already tried that.I've read that they have state cops cruising the mall parking lots (in unmarked cars) looking for MA plates.I'm not sure if it's true but I can *absolutely* see them doing it (two of the biggest malls are literally within sight of the state border).I know that they've done that for fireworks....which are legal in NH and illegal in MA.
The only way to fight the beast is to starve it....work as little overtime as possible, cut your income if possible, but not enough to hurt you or your family, put off large purchases to avoid the sales tax...time to commence Operation Thrift, starve the beast...
“Who’d live there anyway? It’s an armpit!”
Maryland is a gorgeous place if you leave out the politics of Baltimore and the D.C. burbs.
Actually, NY has been known to send police outside the state to take down license plates of NY cars shopping at non-NY stores, precisely for this purpose.
no, i'd say fighting would be to move to a place with a much lower tax rate. hit the liberal taxers where it hurts: their own bottom line. THAT is fighting.
Something like this happened in Canada back inthe 1980s.
I know there are already border guards but still:
There were so many Canadians driving over the border and shopping in the US (I was stationed in Grand Forks, ND at the time) that the malls and shopping centers within about 200 miles of the border had more Canadian registered cars in the lots than US.
Canada imposed a larger import tax, about 19 percent IIRC, but the Canadians would then come into the states with all their old, ratty, clothing, shoes, and other goods and then throw them into the dumpsters in the store parking lots.
At the end of the weekend shopping in the states they would then take all the tags and any proof of purchase and dispose of them, wear all new clothing as well, and then go back home and not declare as much stuff as they possibly could.
I remember the Canadian Gov't reporting that the actual receipts from collecting the tax was no where near their estimations.
AND, the losing state can immediately seize some assets of the rich to be held in 'escrow' until the departed pays the tax.
“Outside of Montgomery, Prince Georges and Baltimore counties, as well as Baltimore itself, the state ain’t half-bad. In fact it’s downright pretty”.
...I was in Cockeysville/Hunt Valley last week for an overnight. It’s very nice with loads of old McCain stickers and very few, if any BO stickers. Old, rich conservative area. Lots of “For Sale” signs.
I thought I was trapped in a blue state, until I moved.
Widely derided as unreasonable, “move” is actually viable good advice.
Increases in Minimum wage have NEVER created a better employee.
St.John is alot nicer. Also, you can keep your money across the channel in the BRitish Virgin Islands.
That is excellent. I plan to steal it.
They’ll start setting up “border guards” and making you pay the state sales tax when you come back in...
Actually, NY has been known to send police outside the state to take down license plates of NY cars shopping at non-NY stores, precisely for this purpose”
Lots of Malls have movie houses.
Are they going to tell yus where we can go see a movie, also???
Our NC state government has all the capabilities of turning NC into the next MD.
It’s not mine, but I like it and I want it to become mainstream.
>>>no, i’d say fighting would be to move to a place with a much lower tax rate. hit the liberal taxers where it hurts: their own bottom line. THAT is fighting.
As long as the place you are moving to is in the US, I would have to agree. New York is already feeling the pinch.
I am confident that the fed is already trying to figure out how it can curb interstate relocations.
New York City tax agents used to do that in New Jersey. They ended up putting a stop to it for a couple of reasons: (1) the bad publicity (a story in the newspaper about this kind of measure only served to highlight the fact that New Yorkers can save a lot of money by shopping in New Jersey); and (2) they didn’t have any law enforcement or tax enforcement jurisdiction in New Jersey, and shopping mall owners were threatening to have these tax agents arrested for trespassing and stalking.
I asked a Canadian about this, and he pointed out that the border guards were basically harassing Canadian citizens so as to make it more difficult and cumbersome for them to cross the border to shop for cheaper things in the U.S. at the time. They had the authority to collect taxes on things that people were importing above a certain dollar value, but there were some things that they could never effectively tax under any circumstances even if they HAD been purchased in the U.S. (the clothing they were wearing, the tires on the car, auto repairs, the gasoline in the tank, etc.).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.