California and other high tax states would collapse. How willing are people to be double taxed on 14% of their income? Here in nevada i expect an even bigger group of Cali refugees than usual.
The silver lining is that it's an idea so ludicrous and so craven that I suspect even pro tax liberals will start to get angry.
Person A (let's call him Larry) and Person B (let's call him Barney) walk up to you on the street. Person B is wearing a costume, with a gun and a shiny piece of metal on his shirt. Person B pulls his gun on you, while Larry says hand over your money. In a PPS, does Larry get killed?
Oh boy. Then it would be possible to have a total tax bill of >100% of income. Now THAT'S what I call equality!
ReplyDeleteCalifornia and other high tax states would collapse. How willing are people to be double taxed on 14% of their income? Here in nevada i expect an even bigger group of Cali refugees than usual.
ReplyDeleteThe silver lining is that it's an idea so ludicrous and so craven that I suspect even pro tax liberals will start to get angry.
Person A (let's call him Larry) and Person B (let's call him Barney) walk up to you on the street. Person B is wearing a costume, with a gun and a shiny piece of metal on his shirt. Person B pulls his gun on you, while Larry says hand over your money. In a PPS, does Larry get killed?
ReplyDeleteNo. Tarred and feathered.
Delete"Capitalism breathes through loopholes"
ReplyDeleteLudwig Von Mises