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TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent

 
Anonymous Coward
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12/09/2012 04:44 AM
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TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent
California ... state revenue for the month of November 2012 fell $806.8 million, or 10.8%, below budget.

Democrats thought they could hammer “the rich” by convincing voters to pass Proposition 30 to create the highest state income tax in the nation.

But it now appears that high income earners have already “voted with their feet” by moving themselves and their businesses out of state, resulting in over $1 billion shortfall in corporate and income taxes last month and the beginning of a new financial crisis.


[link to directorblue.blogspot.com]
Anonymous Coward
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12/09/2012 04:46 AM
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Re: TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent
Hhhaa! HHAaaaa! I lived in that state for 5 years. Never again! Its a nice place to visit but the price of real estate is unreal! Those greedy idiots deserve whats going to happen when the budget falls through!
Anonymous Coward
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12/09/2012 05:00 AM
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Re: TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent
+1 for the word: "Swimmingly"
Anonymous Coward
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12/09/2012 05:01 AM
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Re: TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent
As in, +5 stars.
Anonymous Coward
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12/09/2012 05:05 AM
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Re: TAXING "THE RICH" WORKING OUT SWIMMINGLY IN CALIFORNIA: Revenues to State Fall 10 Percent
Now we just need to hammer the rich in every state, until they move away and then it's all ours again! We will have other rich people again, but new ones... these jokers ruined this country for everybody.

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