"It is NOT out of the question that if enough people look to leave and take their money with them that the leftists in the government will start looking to make leaving or leaving with your money illegal."
California is already working on this, with a bill in the Legislature to establish a state "wealth tax" that would still apply for 10 …
"It is NOT out of the question that if enough people look to leave and take their money with them that the leftists in the government will start looking to make leaving or leaving with your money illegal."
California is already working on this, with a bill in the Legislature to establish a state "wealth tax" that would still apply for 10 years after you move out of the state - their argument being that, gosh, you didn't build that wealth, the government did! (It would be prorated downward each year after you left the state - but it's not even an income tax, it's a wealth tax - you have to give the state a percentage of your estate each year.)
Ironically, the biggest opposition to this is coming from college and pro sports teams, who worry that no star or potential star will be willing to relocate to California if they're going to be taxed even if they leave.
Thats because the liberal utopia ran out of other peoples money and the smart money bailed early.
Thats the thing...the smart money leaves first.
Then, the aholes in charge look to rape anyone left behind and for them it is too late to get out.
You dont want to be the dumb money.
CA is hosed unless the federal government bails them out and that is really not likely in at least this session of congress. If it EVER happens it will be too late in all probability.
"It is NOT out of the question that if enough people look to leave and take their money with them that the leftists in the government will start looking to make leaving or leaving with your money illegal."
California is already working on this, with a bill in the Legislature to establish a state "wealth tax" that would still apply for 10 years after you move out of the state - their argument being that, gosh, you didn't build that wealth, the government did! (It would be prorated downward each year after you left the state - but it's not even an income tax, it's a wealth tax - you have to give the state a percentage of your estate each year.)
Ironically, the biggest opposition to this is coming from college and pro sports teams, who worry that no star or potential star will be willing to relocate to California if they're going to be taxed even if they leave.
Thats because the liberal utopia ran out of other peoples money and the smart money bailed early.
Thats the thing...the smart money leaves first.
Then, the aholes in charge look to rape anyone left behind and for them it is too late to get out.
You dont want to be the dumb money.
CA is hosed unless the federal government bails them out and that is really not likely in at least this session of congress. If it EVER happens it will be too late in all probability.
Wonder how long before Hollywood bails out?
Ratigan is very smart, he's been doing show from overseas for 6 months or more.