Posted by Mike Spence at 12:00 am on Feb 25, 2009 1 Comment
At the California Republican Convention Ivisited with
former Presidential Candidate Mitt Romney. As FR readers probably
know, Governor Romney bought a house in La Jolla.
We talked about various things over the 20 minutes or so we
spoke. One thing really stood out. He said he was not going to be
in California more than six months less one day.
Why? He didn’t want to be declared a resident because there is
about a 5% difference in the tax rate for “wealthy” people between
Massachusetts and California. And that was before the surtax and
increases recently approved by the Legislature and Governor
Schwarzenegger.
Massachusetts fondly referred to, as Taxachussets by
conservatives is now a tax haven for Mitt Romney.
California doesn’t get it. If you tax the “wealthy” more than
those around you they will leave or make sure they pay their taxes
in another state. Ask Mitt Romney, Tiger Woods or go door to door
in Incline Village.
California needs a new sign on our border.
Welcome to Taxifornia!… Read More