TIP: Click on subject to list as thread! ANSI
echo: crossfire
to: TOM WALKER
from: Bob Ackley
date: 2009-05-29 03:59:36
subject: Soak the Rich Economics!

Replying to a message of TOM WALKER to ROY WITT:

 TW>>> Is that some lesson there that the Liberals are TOO STUPID to
 TW>>> understand???

 RW>> Absolutely! Your liberal Republican governor was on Leno last night,
 RW>> explaining to those watching, that they raised the CA income taxes
 RW>> on the rich, expecting to rake in $105b to the state coffers, but to
 RW>> their utter amazement, only $76b came in...I was fortunate to see
 RW>> that coming and got out much sooner.

 RW>> That means that $30b worth of millinaires have either moved out of CA
 RW>> or put their money away until they can move out.

 TW> Most simply stash their money elsewhere. Although some do move out.
 TW> Look at how many High Paid Movie Stars have moved off shore as one
 TW> example.

A couple of (3?) decades ago some very highly paid Europeans moved from Europe
to here to escape the high taxes there.  And they specifically said that those taxes
were the reason they moved.

As one of the articles noted, most of those folks have second and third homes in
lower-tax states and simply moved their official residence from New Jersey to,
say, Florida, without having to actually relocate anything.

--- FleetStreet 1.19+
* Origin: Bob's Boneyard, Emerson, Iowa (1:300/3)
SEEN-BY: 10/1 3 11/331 34/999 120/228 123/500 128/2 187 140/1 226/0 236/150
SEEN-BY: 249/303 250/306 261/20 38 100 1381 1404 1406 1410 1418 266/1413
SEEN-BY: 280/1027 633/260 267 712/848 800/432 2222/700 2320/100 105 200
SEEN-BY: 5030/1256
@PATH: 300/3 14/5 140/1 261/38 633/260 267

SOURCE: echomail via fidonet.ozzmosis.com

Email questions or comments to sysop@ipingthereforeiam.com
All parts of this website painstakingly hand-crafted in the U.S.A.!
IPTIA BBS/MUD/Terminal/Game Server List, © 2025 IPTIA Consulting™.