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Pastimes : Where the GIT's are going

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To: Oral Roberts who wrote (149078)	7/31/2007 2:44:08 PM
From: Augustus Gloop	Read Replies (1) of 225578

Oral, it will crush all of us. This isn't all that dissimilar to our US corporate tax. I think we rank 2nd in the world at 39.2% and we see what corporate America is doing - they're leaving. They're leaving for better tax locations and cheap labor. Trickle down works both ways! We're seeing the bad side of tickle down economics when high taxation is involved. We're losing the companies that made us prosperous and provided jobs. Why fight the Government over taxation that makes us less competitive when its cheaper just to get up and leave. I don't want to move to SD....I think there are other states that have minimal income and property taxes.

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