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Are Tax Hikes Driving Millionaires Away From CA?
Michael Hiltzik, LAT
A counterpart to the biblical adage that the poor will always be with us is the notion that the rich will always be one tax hike away from leaving us.That's the foundation stone, after all, of the argument against raising taxes on "job creators" and of bestowing preferential treatment on capital gains (largely collected by the rich) over wage income (the sustenance of us other poor slobs).http://www.realclearpolitics.com/2012/10/29/are_tax_hikes_driving_millionaires_away_from_ca_294531.html
A counterpart to the biblical adage that the poor will always be with us is the notion that the rich will always be one tax hike away from leaving us.That's the foundation stone, after all, of the argument against raising taxes on "job creators" and of bestowing preferential treatment on capital gains (largely collected by the rich) over wage income (the sustenance of us other poor slobs).http://www.realclearpolitics.com/2012/10/29/are_tax_hikes_driving_millionaires_away_from_ca_294531.html
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