[FoRK] How Barack lost my vote forever

[Adam L Beberg]

Jeff Bone wrote on 4/17/2008 12:04 PM:
>     
> In the most recent debate Senator Obama showed his true colors when he 
> stated that he wanted to raise the capital gains tax "for purposes of 
> fairness."

California tried the high taxes thing, currently the highest state, 
sales, and property taxes in the country.

So 20% of the richest Californians left in the last few years. So yes, 
taxing the rich works, the evil capitalists left, we're rid of them, 
yay! Hurray for socialism!

...and now CA is 16 billion in the hole for just this year. Turns out 
only those tippy top few percent actually pay more in taxes then they 
cost the state in services, oops! Not that that was obvious or anything.

Wealth is very very concentrated, and any country/state that doesn't 
cater to those people loses their economic viability. California and the 
US for the most part has lost it.

-- 
Adam L. Beberg
http://www.mithral.com/~beberg/