Ron Hart: Soak The Rich and Watch Them Move to Another State
Columnist Ron Hart on states with high tax burdens:
If you wonder how "soak the rich" liberalism will play out with the New Left regime in D.C., just look at California. As Ronald Reagan said, "People vote with their feet." The reason Texas, Tennessee and Florida (all zero-income-tax-states) grow is because entrepreneurs flee high-tax states, and bring their businesses and jobs with them. I joke that my home state, Tennessee, is called "The Volunteer State" because they can't make you live there. Yet few leave.