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Just wait for when CA raises the corporate tax rate 7% to offset Trump tax cut there will be more be another exodus of jobs leaving with them if they have their way.
In an op-ed in the Wall Street Journal headlined "So Long, California. Sayonara, New York," Laffer and Moore (who have both advised President Donald Trump) say the new tax bill will cause a net 800,000 people to move out of California and New York over the next three years.
Isn't everyone still waiting for the Laffer curve (as in Arthur Laffer) and trickle down economics to work after 40 years? Not my go to guy for economics.
Supply Side economics works as predicted every time it is properly implemented. Worked for Reagan (US income tax revenues DOUBLED during his two terms) and even Bush (the first tax breaks...rebates were NOT supply side tax policies...the second round was). Oh and Kennedy's worked for LBJ. Worked for post-War Japan and Germany. The list goes on and on.
Laffer never said anything about 'trickle down', either. But you couldn't resist falsely tying that to him anyway, could you?
Isn't everyone still waiting for the Laffer curve (as in Arthur Laffer) and trickle down economics to work after 40 years?
bob2356 saysIsn't everyone still waiting for the Laffer curve (as in Arthur Laffer) and trickle down economics to work after 40 years?
It trickled down to Mexico and China.
The top got to export all the factories and import illegal labor, boosting them higher than ever. The bottom got less than nothing.
Voting republican in the post reagan era has consequences
bob2356 saysVoting republican in the post reagan era has consequences
Clinton and Obama champion of free trade are republicans?
bob2356 saysconsequences
bob2356 saysVoting republican in the post reagan era has consequences
Clinton and Obama champion of free trade are republicans?
There's nothing conservative, in the traditional political sense about the recent tax cuts.
Yes, while they receipts in total DOUBLED in amount. YES, they doubled.
As for percentage of GDP, do you even know what Hauser's Law is?
And I like how you put in a graph that doesn't even talk about taxes at all, but GDP growth rates. Nice try to trick people.
bob2356 saysTax receipts as percentage of GDP fell under Reagan from 19% to 17%
Yes, while they receipts in total DOUBLED in amount. YES, they doubled.
bob2356 saysConservative math, it's an amazing thing to see in action. Sort of like watching 2 jumbo jets collide. .
Nice try again...too bad I outed your outright trolling, eh?
You don't live in California because it's cheap, you live there because of the weather, amenities, opportunities, similar minded people (entertainment industry, computer industry, biological industry), entertainment and of course everything those high population areas offer.
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