Taxes - the way it is

This item The Tax System Explained comes around every couple of years. It addresses the tax-cut scenario. The tax increase scenario is similar, but worse for the “rich” and far more likely to happen in the near future.

How much tax will the “rich” bear before they vote with their feet? While California is a nice place to live - great climate, nice people, awful traffic, capricious tax laws, retired politicians receiving health coverage for life… How long will it be before that state guvmint wants us to hand over a lot more of our hard earned because we can afford it? Other states with some fiscal responsibility are sounding better and better…