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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (240200)	12/19/2013 7:59:21 PM
From: Wharf Rat	Respond to of 541687

Short-term statistic, but the 2 healthiest housing markets, SJ and SF, have $10 minimum, and we don't exempt tipped workers from MW, either. Here's another little-known fact that flies in the face of conventional wisdom; 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 Well, we do have more people, but it appears raising taxes didn't chase out all the millionaires.