Maryland already tried Obamas plan

[MarylandMark]

Didn't work out so well..

Taxed the rich and were going to make an extra $106M in taxes, instead lost $257M because 30% of the millionaires fled the state. To be fair, the numbers could be skewed by the economy and some that were millionaires aren't any more. Either way- taxes millionaires between 6.75% - 9.3% more than non-millionaires didn't work out very well!

So when Obama clips all the $250Karies, are we all going to Gino's Horseshore Club?


http://online.wsj.com/article/SB100...41782001262.html?mod=WSJ_Opinion_AboveLEFTTop

 

[Tommy Gun]

Didn't work out so well..

Taxed the rich and were going to make an extra $106M in taxes, instead lost $257M because 30% of the millionaires fled the state. To be fair, the numbers could be skewed by the economy and some that were millionaires aren't any more. Either way- taxes millionaires between 6.75% - 9.3% more than non-millionaires didn't work out very well!

So when Obama clips all the $250Karies, are we all going to Gino's Horseshore Club?


http://online.wsj.com/article/SB100...41782001262.html?mod=WSJ_Opinion_AboveLEFTTop

Yes, we all be at Gino's. The idiots in control right now have based their budget projections on tax revenue numbers from 2007 thinking we'll get back to that level and beyond soon. Problem is that was the peak, the revenue won't be there so they'll be forced to raise taxes even further. They keep counting on all those "rich" folks making more than $250k to cover the cost for all this. Won't happen.

The best thing about this is watching the stupid Dem's marchng themselves straight towards the gallows.

 

[Tommy Gun]

http://www.internationalliving.com/

 

[Tommy Gun]

How about this headline I just saw:

"GREEKS RIOT OVER CUTS IN GOV'T BENEFITS. U.S. HANDOUTS AT RECORD LEVELS."

Lets see...hmmmm...Greece is broke....guess who isn't far behind?