Saturday, November 06, 2010
Answer: New York, California, New Jersey.
Question: Name the three worst states in America for business.
How IS that "millionaire's tax" working out for New York, anyway??? Heh, heh.
California needs to sell itself back to Mexico.
California has a millionaire's tax too, an extra 1% in addition to its already top of the heap 9.3% top bracket (starting at a not-so rich $47k). Quite striking, really, that a top bracket of that magnitude hits such a low income.
If California sold itself to Mexico the exiting natives would get some money for the sale. Instead California is giving itself away to Mexico.
I am confident that the combined intellectual firepower of Barry and Jerry Brown will ponder the California question and come up with the ONE solution that they have for everthing wlse: Tax the rest of the country and bail out California.
Too Big To Fail!!....right?
...actually, it's "too stupid to succeed"!!