62% Federal Tax rate??!!

[dellinger63]

Originally Posted by Princess Doreen

But, I'll bet you're employed by someone who does.

Can't help but feel there is going to be even more unemployment if such a ridiculous tax increase goes through.

Where is the incentive for businessmen to grow their businesses?

moving to lower taxing countries? Similar to why so many wealthy have residences in FL, AZ and Nevada?

[timmgirvan]

Originally Posted by dellinger63

moving to lower taxing countries? Similar to why so many wealthy have residences in FL, AZ and Nevada?

California has refused to remember their own failed policies towards small businesses....at one time in 90's over 100k business moved out of Cali. Now they want to tax the internet puveyors of goods like Amazon.