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California’s One-Man Laffer Curve

The Teleprompter Speaks Wrote: Jan 23, 2013 10:16 AM
Let California sink shoot itself in the foot. Keep in mind, the lefties won't learn from it.

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...