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Taxes aren't going to make the rich leave California, report says
LA Times PolitiCal$ ^ | 10/24/12 | Chris Megerian - LA Times

Posted on 10/24/2012 12:24:24 PM PDT by NormsRevenge

Millionaires aren’t likely to leave California if taxes are increased, according to new research from the Stanford Center on Poverty and Inequality.

(Excerpt) Read more at latimesblogs.latimes.com ...


TOPICS: Business/Economy; Culture/Society; Politics/Elections; US: California
KEYWORDS: california; leave; rich; taxes
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To: pogo101
"We're going to find out" is perhaps the best response, unfortunately.

We already have. Remember Britain in the 1970s? Why do you think John Lennon, Mick Jagger, and others all moved to New York?


41 posted on 10/24/2012 1:14:32 PM PDT by canuck_conservative
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To: NormsRevenge

we are not rich, yet we left california 7 years ago. Now in Idaho.


42 posted on 10/24/2012 1:20:04 PM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11 0bie don' t eatl my dog!)
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To: Vendome
I can swing a hammer, use a saw, do some plumbing, I’m right there when someone needs help.

FWIW...you'll be competing will illegals for that variety of semi-skilled labor and well established businesses for work where a licensed professional is required. It's a right to work state, so you don't have to compete with unions, but they are present. Construction workers spend a lot of time doing something other than construction outside of Summer months. Road construction tasks are always going during good weather periods.

We have most of the decent amenities in the Pocatello area. Idaho Falls is decent too. Getting to food and fuel is easier in those places.

Many of my neighbors work at Idaho National Labs near Arco. That means catching a bus at 5:30 AM and returning to the bus stop at 5:30 PM M-F. 15-20 hours a week commuting to a decent paying job. In town jobs are restaurant, retail, "hospitality".

43 posted on 10/24/2012 1:25:36 PM PDT by Myrddin
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To: Vendome

The rich may not leave but many of the middle class are. I have several friends who worked for the Sheriffs Deparment and the Marshalls office out of San Diego, when they retired they sold their houses and moved to Montana, Idaho and Arizona. They got out while the gittin was good before the housing crash. The bought or built houses equal to or better than the ones they sold and paid half to on third the price. Socked away a nice little nest egg in process.


44 posted on 10/24/2012 1:25:38 PM PDT by Dusty Road
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To: Vendome

The rich may not leave but many of the middle class are. I have several friends who worked for the Sheriffs Deparment and the Marshalls office out of San Diego, when they retired they sold their houses and moved to Montana, Idaho and Arizona. They got out while the gittin was good before the housing crash. The bought or built houses equal to or better than the ones they sold and paid half to one third the price. Socked away a nice little nest egg in process.


45 posted on 10/24/2012 1:26:42 PM PDT by Dusty Road
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To: Vendome

Yes, it is nice there. I’m 2 hours south in Boise. Let me know when you are coming up. I’ve been here 10 years, moved from Chicago. Wouldn’t want to live anywhere else.


46 posted on 10/24/2012 1:31:06 PM PDT by MarkeyD (Obama is a victim of Affirmative Action)
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To: NormsRevenge

Happy to say, my wife and I left California, and we sure don’t miss the high taxes and other nonsense!


47 posted on 10/24/2012 1:34:33 PM PDT by Ranger Warrior ("To stand in silence when they should be protesting makes cowards out of men." - Abraham Lincoln)
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To: NormsRevenge

France has out-cuckoo’s Johnny Depp... that is pretty dang bad.


48 posted on 10/24/2012 1:40:29 PM PDT by GeronL (http://asspos.blogspot.com)
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To: MarkeyD

Moved to Chubbuck from Bloomington, IL about 10 years ago myself. Wouldn’t return to IL if you paid me.


49 posted on 10/24/2012 1:54:23 PM PDT by mesoman7
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To: NormsRevenge

Note to all Califorians that wish to Immigrate to Texas...

Thinning the Herd has been a practice that keeps the Herd healthy.

If you bring your Socialist BS here... you have been informed

This Message brought to you by the Letter “O” and the number $16,000,000,000

(did I get enough zeros in there?)

TT


50 posted on 10/24/2012 2:00:31 PM PDT by TexasTransplant (Radical islam is islam. Moderate islam is the Trojan Horse.)
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To: NormsRevenge

OK, fine, then raise the taxes on the 47% to match the dollar amount taken from the so-called rich. Especially the illegals.


51 posted on 10/24/2012 2:07:56 PM PDT by meyer (It's 1860 all over again - the taxpayer is the new "N" word)
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To: NormsRevenge

I wonder what Thomas Sowell (from Stanford) and folks at the Hoover Institute at Stanford think of this.

Apparently the researchers did not analyze well the demographics of those who have already fled Kalifornia for better economic chances.


52 posted on 10/24/2012 2:10:56 PM PDT by Wuli
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To: NormsRevenge

Taxes. I thought it said “Texas” - but still, those rich folks won’t have any money left to be able to leave.


53 posted on 10/24/2012 2:42:36 PM PDT by SkyDancer (Live your life in such a way that the Westboro church shows up at your funeral)
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To: TexasTransplant

You’re off by a factor of 1,000 partner


54 posted on 10/24/2012 3:37:38 PM PDT by newbie 10-21-00
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To: NormsRevenge

Somebody remind me again where Oprah Winfrey has her permanent residence?


55 posted on 10/24/2012 3:39:39 PM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: A_Former_Democrat

You owe me a new keyboard! LMAO!


56 posted on 10/24/2012 3:41:55 PM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: TexasTransplant

Nope, add three more.


57 posted on 10/24/2012 3:47:00 PM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: Myrddin

LOL

I don’t work with my hands. I push pencils and papers for a living but, in an emergency you want me for a partner.

I go all in, like I use to in Tulsa during floods, tornadoes, etc. literally would drive up to strangers and just start helping.

Bonus, I speak perfect engrish ...


58 posted on 10/24/2012 4:01:49 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: SgtHooper

Wired or wireless?

Microsoft or Logitech?


59 posted on 10/24/2012 5:06:23 PM PDT by A_Former_Democrat
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To: Vendome
I make my living doing EE/CS work. Not enough of that in my local area of Idaho that pays anywhere close to what I can get in San Diego. I'm hoping to get back to unclassified embedded systems work again that is suitable for work from my home office. That was great for about 7 years...then Obama showed up.
60 posted on 10/24/2012 5:06:42 PM PDT by Myrddin
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