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Re: Rich People Leaving California  

By: ribit in POPE IV | Recommend this post (1)
Sun, 11 Sep 16 8:39 PM | 42 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 11032 of 47202
(This msg. is a reply to 10983 by Zimbler0)
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zim
...this will only hasten the RUNNING OUT OF OTHER PEOPLE'S MONEY event.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Rich People Leaving California
By: Zimbler0 in POPE IV
Fri, 09 Sep 16 11:42 PM 		Msg. 10983 of 47202

Rich People Leaving California for Mysterious Reason

(Gee, I wonder why . . . Zim.)

http://www.frontpagemag.com/point/215177/rich-people-leaving-california-mysterious-reason-daniel-greenfield

The budget makes no allowance for migrating millionaires.

January 15, 2014

It's okay, the 1 percent only pays 41 percent of California's income taxes. And half the state pays no income tax at all. No one will even notice they're gone.

Prop. 30, approved by voters in November 2012, raised state income taxes retroactively to Jan. 1, 2012, on singles making more than $250,000 and married couples making $500,000. It raised rates by one, two or three percentage points through 2018, bringing the top rate on incomes above $1 million to 13.3 percent, the highest in the nation.


(Article does continue. Zim.)

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