In response to:

California’s One-Man Laffer Curve

Daddio7 Wrote: Jan 23, 2013 4:08 PM
Will you ply your business in your new country or will you depend on Americans to support you? If it's the latter the Fed might tax money transfers and you will have left for nothing.

I’ve already condemned the foolish people of California for approving a referendum to raise the state’s top tax rate to 13.3 percent.

This impulsive and misguided exercise in class warfare surely will backfire as more and more productive people flee to other states – particularly those that don’t impose any state income tax.

We know that people cross state borders all the time, and it’s usually to travel from high-tax states to...