{"id":14495,"date":"2014-03-25T16:02:15","date_gmt":"2014-03-25T20:02:15","guid":{"rendered":"http:\/\/angry.net\/blog2\/?p=14495"},"modified":"2020-10-12T16:39:33","modified_gmt":"2020-10-12T20:39:33","slug":"liberals-raise-taxes-and-people-move-out","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=14495","title":{"rendered":"Liberals raise taxes and people move out"},"content":{"rendered":"

Good day all. In a continuing story, liberal state legislatures have pretty much run their state finances right into the ground, and kept on digging. Instead of fixing the causes of their financial and budget problems, the first and only thought that enters their empty heads is \u201cTAX THE RICH!!\u201d<\/p>\n

<\/p>\n

There is just one small problem with this idea. The so called rich they go after generally aren\u2019t that rich, and those that are can and do move elsewhere. I\u2019m not going to talk about all the states seeing this happen, just one and this one has a Republican governor. I speak of New Jersey of course, governed by the Great White Jersey Rino with a legislature made up of Progressive Liberal Idiots. They state is pretty much broke and the legislatures answer is \u201cRAISE TAXES!\u201d Here are the details from Fox News<\/a>:<\/p>\n

New Jersey\u2019s high taxes may be costing the state billions of dollars a year in lost revenue as high-earning residents flee, according to a recent study. The study, Exodus on the Parkway, was completed by Regent Atlantic last year but held for publication until after the November 2013 elections. The study stated it \u201cintentionally\u201d held its results \u201cas 2014 is not an election year for state legislators\u201d and it will \u201chopefully encourage a serious and objective dialogue aimed at addressing and solving the challenges that New Jersey currently faces.\u201d<\/i><\/p><\/blockquote>\n

Holding back the report was probably a mistake, although I can see not wanting to influence the election. However, expecting those clowns to look into fixing the issues is just wishful thinking.<\/p>\n

The study shows the state has been steadily losing high-net-worth residents since 2004, when Democratic Gov. Jim McGreevey signed the millionaire\u2019s tax into law. The law raised the state income tax 41 percent on those earning $500,000 or more a year. \u201cThe inception of this tax, coupled with New Jersey\u2019s already high property and estate taxes, leaves no mystery about why the term \u2018tax migration\u2019 has become a buzzword among state residents and financial, legal, and political professionals,\u201d the study, conducted by Regent states. <\/i><\/p><\/blockquote>\n

As I mentioned before, it isn\u2019t just New Jersey. All the states that have been run by the Progressive Liberal Democrats are experiencing the same thing. New York has lost billions in potential tax revenue due to this same issue. People do not like paying any more in taxes then they absolutely have to, they expect value for their money and will look for any lawful way to minimize the bite put on their money from the government. They know what really happens to their tax dollars.<\/p>\n

\"toilet\"<\/a><\/p>\n

One notable, (and not at all surprising), person who did this is conservative radio talk show host, Rush Limbaugh. He moved to Florida a few years ago and is saving tens of millions in taxes. The warmer climate was also attractive to him no doubt. Have the Progressive Liberal Moonbats in the New Jersey legislature learned their economic lessons? Of course not!<\/p>\n

Democrats in New Jersey have been pushing for even higher taxes on the wealthy in recent years. They have failed three times to raise the millionaire\u2019s tax even higher than McGreevey did under threat of a veto by Governor Chris Christie. <\/i><\/p><\/blockquote>\n

Christie, aka The Jersey Whale is a classic RINO, but even he knows that jacking taxes through the roof isn\u2019t going to solve the fiscal problems the state has. As any real economist knows, and I\u2019m certainly not one, you don\u2019t increase revenue by stealing money from the major producers. You increase revenue by widening the pool of people paying taxes. This is one reason why fiscally conservative states are doing so well. They keep their tax rates as low as they can, producers come in to the state, hire people who then pay taxes. Progressive Liberal Moonbats can\u2019t grasp this simple fact. It isn\u2019t what they were taught in Marxism, Socialism and Communism for Dummies in Collage. So, just as their socialist professors, none of whom have ever worked a day in the real world, tell them, they just keep raising taxes and assume that the serfs will just keep paying.<\/p>\n

\"The<\/a><\/p>\n

The results speak for themselves. People are fleeing New Jersey and other high tax states as fast as the moving vans can load up their furniture and step on the gas. Soon all that is left will be the takers and the bureaucrats in these states and the money will stop coming in. Personally, I can\u2019t wait for the first state to collapse.<\/p>\n

\"\"<\/a><\/p>\n

Thatisall<\/p>\n

~The Angry Webmaster~<\/b><\/i><\/p>\n\"1\"2\"3\"4\"5 (2<\/strong> votes, average: 5.00<\/strong> out of 5)
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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Good day all. In a continuing story, liberal state legislatures have pretty much run their state finances right into the ground, and kept on digging. Instead of fixing the causes of their financial and budget problems, the first and only thought that enters their empty heads is \u201cTAX THE RICH!!\u201d Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[100,8,115],"tags":[90,8,34,64],"class_list":["post-14495","post","type-post","status-publish","format-standard","hentry","category-moonbat","category-politics","category-stupidity-crime","tag-moonbattery","tag-politics","tag-stupidity","tag-taxes"],"views":1103,"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":34186,"url":"https:\/\/angry.net\/blog2\/?p=34186","url_meta":{"origin":14495,"position":0},"title":"San Fran Nan looking to help the poor, disadvantaged rich white liberal people","author":"Angry Webmaster","date":"April 6, 2021","format":false,"excerpt":"Good day all. One of President Trump\u2019s major accomplishments was a tax reform bill that actually helped the middle class and actually taxed the rich. One of these was the limiting of the SALT deductions. The SALT deduction, (SALT standing for State And Local Tax), permits taxpayers who itemize when\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/0f\/5e\/a0\/0f5ea0fb0f42cab839c8209f13cd8e8d.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":32463,"url":"https:\/\/angry.net\/blog2\/?p=32463","url_meta":{"origin":14495,"position":1},"title":"Heels Up Harris announces massive middle class tax hike","author":"Angry Webmaster","date":"November 2, 2020","format":false,"excerpt":"Good day all. One of the things that help cause the massive economic expansion of the last 3 years, (Before the idiotic Panicdemic, economy killing lockdown), was the tax cuts pushed through by President Trump. These cuts put real money into the pockets of working, middle class Americans. Now, Heels\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/97\/ae\/4d\/97ae4de5c35d6b7fbff698d8c2d1e0ba.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":30063,"url":"https:\/\/angry.net\/blog2\/?p=30063","url_meta":{"origin":14495,"position":2},"title":"Democrats pushing tax cuts for the rich","author":"Angry Webmaster","date":"December 20, 2019","format":false,"excerpt":"Good day all. One of the mantra\u2019s of the Progressive Liberal Democrats, (AKA CommuNazis), is calling any plan to cut taxes by the Republicans as \u201cTax cuts for the rich!\u201d This has been their battle cry since President Trump signed a massive tax cut into law last year. However, rather\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/d2\/af\/2c\/d2af2c6e7f70b153e25861cde83464f4.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":30634,"url":"https:\/\/angry.net\/blog2\/?p=30634","url_meta":{"origin":14495,"position":3},"title":"Pelosi, as usual, putting herself and the rich ahead of everyone else","author":"Angry Webmaster","date":"April 11, 2020","format":false,"excerpt":"Good day all. One of the first items of business that President Trump pushed through was the Trump tax cuts. The goal was to return money to the taxpayers and lower the costs of business in the United States by encouraging corporations to repatriate money they had been keeping offshore.\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2016\/12\/schadenboner-246x300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25461,"url":"https:\/\/angry.net\/blog2\/?p=25461","url_meta":{"origin":14495,"position":4},"title":"Liberals, \u201cTax cuts harm the Rich!\u201d Huh?","author":"Angry Webmaster","date":"December 27, 2017","format":false,"excerpt":"Good day all, as his Christmas gift to America, President Trump signed the new tax bill into law. I will be honest and say I haven\u2019t read it, but anything that takes money away from the Government can\u2019t be bad. That is, unless you are a rich liberal Democrat, according\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2016\/05\/Trump-Great-300x210.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25701,"url":"https:\/\/angry.net\/blog2\/?p=25701","url_meta":{"origin":14495,"position":5},"title":"Democrats promise to repeal tax cuts","author":"Angry Webmaster","date":"February 5, 2018","format":false,"excerpt":"Good day all. Now that the economy is taking off like a rocket, and the lies the Democrats and their lackeys in the Mostly Stupid Media spread on who would benefit have blown up in their faces, what is a good progressive going to do? 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