Tuesday, May 26, 2009

Lesson Learned?

I doubt it. This is a lesson we could have learned from many european countries over the last few decades but we ignored it. You can't just keep taxing the producers and think they will sit by and take it. Eventually they will either A. Leave, or B. Lose. Either way the government doesn't get their $.

So Rush Limbaugh left NY for good. Good riddens say the libs in N.Y. and if he was the only one then i could understand their attitude, but he's not. More and more wealthy people leave states like NY due to the punitive tax rates on the wealthy. Now it's happening in MD too.

So NY is in debt and raising taxes on everything from soda to toll bridges. They're increasing subway fares and doing away with property tax breaks on Long Island (I'm feeling this personally to the tune of almost 2k) and who pays these increases? The rich? I don't think so.

CA is the hotbed of liberal ideas, programs, tax policies, etc. And what is the situation there? It's a disaster. You would think these idiots would learn....Oh that's right, some of them have.

6 comments:

gary said...

Just proves we're smarter in California.

Rhino-itall said...

which? electing the governator or driving your entire economy into oblivion?

Smarter than who?

ahahahahahahahahahahaha

Donkeyhue said...

Its been all downhill for Cali ever since I moved away in '75

Rhino-itall said...

Well, they did have the Reagan years so that's something..

gary said...

Well, we do keep electing movie stars to the Governor's office, so perhaps not so smart after all.

getliveayite said...

Californians are on another brain wave. It's called "high as a kite". Believe me, I lived there for over 10 years. needless to say the best years of my life....