If Raising Taxes Drives The Rich Out Of The Country...

[Bideshi]

It will only "drive them out of the country" on paper for tax purposes. They'll still live here and play here. The only way to tax the rich is to tax their spending, not their income.

[Marv101]

It may drive some of them out of the country, although Obama & Co. have made it much more of a hassle by imposing limits on the amnount of $$$ you can wire out of the country as well as staggering increases in reporting rerquirements.

Or else you can just stay here and buy more real estate or any other asset in various parts of the country, and being very selective about it.

[cuebald]

Originally Posted by ovcatto

...what does that say about American being the "freest, greatest, bestest, country under god that the world has ever known? After all if all that is standing between the U.S. and the Cayman Islands is tax rates then all that other stuff oft touted about is just a bunch of bs for domestic consumption.

Let them go and leave room for a new crop of entrepreneurs with new iideas. There won't be a vacuum for long.

[bluecoller-eddie]

HappyTexan

The rich are rich enough to leave and still do what they have to do. Why don't people
understand that ?
The rich CAN just get up and leave.

Depends on what you do for a living?

I would chip in for Limbaughs plane ticket to get rid of the nauseating scumbag.
But, what would he do? Start a radio station in Bangladesh?






For Republicans, Lying is a way of life.


--------- bluecoller -- the grumpy old kraut ----

[hnsq]

Originally Posted by bluecoller-eddie

Depends on what you do for a living?

I would chip in for Limbaughs plane ticket to get rid of the nauseating scumbag.
But, what would he do? Start a radio station in Bangladesh?






For Republicans, Lying is a way of life.


--------- bluecoller -- the grumpy old kraut ----

Democrats are just as bad as republicans. Anyone who willingly self-identifies as a democrat or republican today is nothing short of stupid