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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (758709)12/19/2013 10:47:52 PM
From: Wharf Rat  Read Replies (2) of 1578563
 
Little known fact about the rich...

The more you tax them, the more they reproduce.

Do high state taxes chase out millionaires?

Published: Wednesday, 27 Nov 2013

California was the top producer of multimillionaires over the past year, gaining more than 1,600 people worth $30 million or more. The state also has the nation's highest tax rate—13.3 percent—for people making $1 million or more.

cnbc.com
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