Will Raising Taxes Cause The Rich To Leave The United States Or Are They Bluffing?

effective rates were still far higher back then than they are now.

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http://www.nber.org/papers/w10645

http://www.stanford.edu/group/scspi.../Varner-Young_Millionaire_Migration_in_CA.pdf

http://www.itepnet.org/pdf/MD_Millionaires.pdf

And even when the millionaires flee, the taxes brought in are still higher than without the taxes being implemented.

 

Raising taxes on the rich will not cost them ONE red cent. It'll just make their accountants rich. Oh, and the rich CEOs will not leave their huge estate homes in America if the taxes go up. Life is too good for them here. They'll send THE (*)(*)(*)(*)ING JOBS overseas. Democrat Liberals are the greatest gift to poor, starving illiterate Chinese.

Oh, by the way, not all Democrats are racist, BUT ALL (*)(*)(*)(*)ING RACISTS ARE LIBERAL DEMOCRATS.
TRAITOR to be for Obama. Patriotism: cutting taxes on the productive and expanding the economy WHICH HAS (*)(*)(*)(*)ING WORKED WELL EVERY ****** TIME IT HAS BEEN TRIED.

Democrats: SLAVERY for the poor and TAX DOLLARS FOR THEMSELVES.
Republicans: Freedom for the United States of America.