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Non-Tech : Kirk's Market Thoughts

COHR 178.34

-10.2%

Dec 12 9:30 AM EST

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To: robert b furman who wrote (3132)	5/26/2015 9:07:17 PM
From: Kirk ©	Read Replies (1) of 26769

I agree, and as I wrote to Steve, having multiple sources helps capture some from everyone the retired rich pay sales taxes and probably high property taxes if they live in a nice home. The drug dealers and off-the-books beauticians, plumbers, household helpers, etc. pay sales taxes and probably some property tax for where they rent or a more modest home. The workers pay taxes for roads to get them to their jobs, police to protect them etc... Taxing ANY of these groups tends to mean we get less of it... less rich people retiring here rather than a lower or zero tax state less people working extra hard to improve their lives since the return on the incremental dollar after paying both sides of payroll tax plus state and fed taxes makes it half as rewarding as being off the books. Tax workers... Dwight Howard picks Houston rather than Golden State so he doesn't have to pay the 13.2% tax on his multi million salary in Taxifornia.... Hope your friends and family are OK in Houston. Sounds like you will sell a lot of new cars with so many destroyed.

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