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Politics : American Presidential Politics and foreign affairs
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To: greatplains_guy who wrote (58876)11/13/2012 2:54:57 PM
From: pcstel1 Recommendation  Read Replies (2) of 71588
 
Is the likely result of this election the mass emigration from California of the most productive?

Yawn... Not at all.. Just business as usual. Plenty of legal schemes to allow the 1% to avoid the extra tax altogether, while, there is no way to avoid the Sales Tax increase by the masses. Unless you shop in a neighboring state.

The higher Sales Tax, to a great degree, also taxes the underground economy.

Personally, 95% of my income is recognized in Florida, which is denoted as my "residence", while I spend time between our house on Marco Island, and houses which reside in trusts in Del Mar, CA and Maui.

I voted in FL, so I could not vote on Prop. 30. I just find it humorous that the liberals are all clapping at the "tax the rich guys", while their own pockets are getting picked by the lawmakers....

And so it goes,
PCSTEL
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