[Aecetia]

What ridiculous taxes will cause as in New York an exodus of the wealthy:

New Yorkers are fleeing the state and city in alarming numbers — and costing a fortune in lost tax dollars, a new study shows.

More than 1.5 million state residents left for other parts of the United States from 2000 to 2008, according to the report from the Empire Center for New York State Policy. It was the biggest out-of-state migration in the country.

The vast majority of the migrants, 1.1 million, were former residents of New York City — meaning one out of seven city taxpayers moved out.

“The Empire State is being drained of an invaluable resource — people,” the report said.

Read more: http://www.nypost.com/p/news/local/tax_refugees_staging_escape_from_qb4pItQ71UXIc0i6cd3UpK#ixzz0lsBdDESG

Another consequence will be the creation of an even larger underground economy where there will be no cash.

P.S. The comments on the article are hilarious, especially the ones by gulfstreamliberal

[Aecetia]

This is a fun site:
Paying taxes in the U.S.

http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=197

U.S.46.3 vs. Iraq 28.4

Even Germany is better tax wise 44.9
Iceland 25.0 Ireland 26.5
Wow China 63.8 worse than us.

[Aecetia]

This is a fun site:
Paying taxes in the U.S.

http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=197

U.S.46.3 vs. Iraq 28.4

Even Germany is better tax wise 44.9
Iceland 25.0 Ireland 26.5
Wow China 63.8 worse than us.

[Aecetia]

This is a fun site:
Paying taxes in the U.S.

http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=197

U.S.46.3 vs. Iraq 28.4

Even Germany is better tax wise 44.9
Iceland 25.0 Ireland 26.5
Wow China 63.8 worse than us.

[Aecetia]

This is a fun site:
Paying taxes in the U.S.

http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=197

U.S.46.3 vs. Iraq 28.4

Even Germany is better tax wise 44.9
Iceland 25.0 Ireland 26.5
Wow China 63.8 worse than us.

[Aecetia]

This is a fun site:
Paying taxes in the U.S.

http://www.doingbusiness.org/ExploreTopics/PayingTaxes/Details.aspx?economyid=197

U.S.46.3 vs. Iraq 28.4

Even Germany is better tax wise 44.9
Iceland 25.0 Ireland 26.5
Wow China 63.8 worse than us.

[Aecetia]

Sk-

What if the money is in a pre-tax deferred comp. plan? Does that change anything? Thanks for your insight. I do think there should be some oversight of derivatives, but the way I understand it, there are sufficient laws there if they are enforced. Furthermore, the SEC was approached about Madoff several years before his scheme was outed and the whistle blower was ignored.

Brian,
You are going to be a forever bachelor if you use those math arguments on your dearly beloved. Relationships are not mathematical formulas, they are inherently complicated with immeasurables. For instance, children are expensive to raise and take years to pay for and have no trade in value. Yet people continue to have them and raise them. With your thinking about value and pay off, you would never want to invest in children. You seem like everything has a price: the wealthy have more so they should pay more regardless of whether they use more. Your system is inherently unfair. What ever happened to each according to their need? Why should the wealthy pay for people who refuse to work or contribute? I am not talking about disabled people or small children, so don’t even bring them up. Are the non-contributors more valuable or so inherently valuable for their mere existence or is it because they are voters. This all reminds me of bread and circuses and we all know how that ended for Rome.

[Aecetia]

Sk-

What if the money is in a pre-tax deferred comp. plan? Does that change anything? Thanks for your insight. I do think there should be some oversight of derivatives, but the way I understand it, there are sufficient laws there if they are enforced. Furthermore, the SEC was approached about Madoff several years before his scheme was outed and the whistle blower was ignored.

Brian,
You are going to be a forever bachelor if you use those math arguments on your dearly beloved. Relationships are not mathematical formulas, they are inherently complicated with immeasurables. For instance, children are expensive to raise and take years to pay for and have no trade in value. Yet people continue to have them and raise them. With your thinking about value and pay off, you would never want to invest in children. You seem like everything has a price: the wealthy have more so they should pay more regardless of whether they use more. Your system is inherently unfair. What ever happened to each according to their need? Why should the wealthy pay for people who refuse to work or contribute? I am not talking about disabled people or small children, so don’t even bring them up. Are the non-contributors more valuable or so inherently valuable for their mere existence or is it because they are voters. This all reminds me of bread and circuses and we all know how that ended for Rome.

[Aecetia]

Sk-

What if the money is in a pre-tax deferred comp. plan? Does that change anything? Thanks for your insight. I do think there should be some oversight of derivatives, but the way I understand it, there are sufficient laws there if they are enforced. Furthermore, the SEC was approached about Madoff several years before his scheme was outed and the whistle blower was ignored.

Brian,
You are going to be a forever bachelor if you use those math arguments on your dearly beloved. Relationships are not mathematical formulas, they are inherently complicated with immeasurables. For instance, children are expensive to raise and take years to pay for and have no trade in value. Yet people continue to have them and raise them. With your thinking about value and pay off, you would never want to invest in children. You seem like everything has a price: the wealthy have more so they should pay more regardless of whether they use more. Your system is inherently unfair. What ever happened to each according to their need? Why should the wealthy pay for people who refuse to work or contribute? I am not talking about disabled people or small children, so don’t even bring them up. Are the non-contributors more valuable or so inherently valuable for their mere existence or is it because they are voters. This all reminds me of bread and circuses and we all know how that ended for Rome.

[Aecetia]

Sk-

What if the money is in a pre-tax deferred comp. plan? Does that change anything? Thanks for your insight. I do think there should be some oversight of derivatives, but the way I understand it, there are sufficient laws there if they are enforced. Furthermore, the SEC was approached about Madoff several years before his scheme was outed and the whistle blower was ignored.

Brian,
You are going to be a forever bachelor if you use those math arguments on your dearly beloved. Relationships are not mathematical formulas, they are inherently complicated with immeasurables. For instance, children are expensive to raise and take years to pay for and have no trade in value. Yet people continue to have them and raise them. With your thinking about value and pay off, you would never want to invest in children. You seem like everything has a price: the wealthy have more so they should pay more regardless of whether they use more. Your system is inherently unfair. What ever happened to each according to their need? Why should the wealthy pay for people who refuse to work or contribute? I am not talking about disabled people or small children, so don’t even bring them up. Are the non-contributors more valuable or so inherently valuable for their mere existence or is it because they are voters. This all reminds me of bread and circuses and we all know how that ended for Rome.

[Aecetia]

Sk-

What if the money is in a pre-tax deferred comp. plan? Does that change anything? Thanks for your insight. I do think there should be some oversight of derivatives, but the way I understand it, there are sufficient laws there if they are enforced. Furthermore, the SEC was approached about Madoff several years before his scheme was outed and the whistle blower was ignored.

Brian,
You are going to be a forever bachelor if you use those math arguments on your dearly beloved. Relationships are not mathematical formulas, they are inherently complicated with immeasurables. For instance, children are expensive to raise and take years to pay for and have no trade in value. Yet people continue to have them and raise them. With your thinking about value and pay off, you would never want to invest in children. You seem like everything has a price: the wealthy have more so they should pay more regardless of whether they use more. Your system is inherently unfair. What ever happened to each according to their need? Why should the wealthy pay for people who refuse to work or contribute? I am not talking about disabled people or small children, so don’t even bring them up. Are the non-contributors more valuable or so inherently valuable for their mere existence or is it because they are voters. This all reminds me of bread and circuses and we all know how that ended for Rome.

[Aecetia]

I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.

[Aecetia]

I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.

[Aecetia]

I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.

[Aecetia]

I am not a trader, more of a holder, but I think anything that restricts trading, acts as a brake and keeps more money out of circulation. I do not think it is either good or bad, just neutral (trading). I think taxing food is stupid and regressive. It’s not like we can stop eating. Smoking yes, eating no. Should we tax unhealthy food? I think we already do and then where do we draw the line? Time for the Libertarians to weigh in on this topic.

[Author]

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