In response to:

He's Mad as Hell and Not Going to Invest Anymore

PinkysBrain Wrote: Feb 03, 2013 9:55 AM
I believe that MIckelson is but the tip of the iceberg, and that the outmigration of both millionaires and their monies is quietly occurring at a record pace, but those figures probably won't be published until the next census.
"Why this fat cat likes Obama's tax plan" was the headline of a full-page ad La Jolla, Calif., investor Norman Lizt took out in The New York Times in August.

No, it wasn't really an endorsement. Lizt wrote that he has been a successful investor over the years, but if Americans re-elected President Barack Obama and his proposed tax hike became law, Lizt would face a marginal tax rate of "well over 50 percent." He wrote, "This represents the crossing of an inviolate threshold to me and is entirely unacceptable."

Lizt explained that he liked Obama's tax plan because it would prompt him...