Will the Rich Stick Around to Be Soaked?by Wendy McElroy
Sep. 23, 2013
1.WATCH: Germans Shut Down Leftist Minister's Pro-Migrant Speech & Chase Him Down In The Streets
2.Swedish Girl Shows Idiocy of Trans-Everythingism
3.WATCH: Trump Supporter Calls "Lyin' Ted" a Liar to His Face, Cruz Responds by Lying to Him
4.WATCH: Mexican Kids At Anti-Trump Protest Scream "F*ck You" & Flick Off Trump Supporters
5.Feminist's Art Exhibit In Copenhagen Hails Brussels & Paris Attackers As 'Martyrs'
6.Russians Blow Up Illegal Muslim Prayer Hall After Finding Explosives Inside
7.Trump Pulls Ahead of Hillary in New National Poll
8.VIDEO: Crazed Feminists Harass Man For Filming "Whiteness History Month" Presentation
On December 8, the website Breitbart heralded, "Despite Tax Increase, California State Revenues in Freefall." In the November state elections, a successful Proposition 30 imposed a 13.3 percent tax rate on income over $1,000,000 -- an increase of 29.13 percent and the highest state tax rate in the nation. The predicted tax revenue was hailed as a way to dig California out of its budget crisis. It was '"needed" especially to fund public-sector pensions with their plush benefits. Instead, state revenue for November 2012 fell by 10.8 percent, or $806.8 million. Wealthy businesses and individuals were leaving; many had left already.