Kim Strassel on Wealth Tax: This Has Become a Cosmic Split Between Blue and Red States, Dems Already Having People Leave Their Jurisdictions

‘To go to places where the economy is better’

RUSH EXCERPT:
STRASSEL: "You're seeing it all over. Rhode Island, in Washington State there is a citizen driven ballot initiative to try to roll back a new high tax there. This is become a cosmic split between blue states and red states move more to deregulate to their markets Democrats instead it’s almost a vicious spiral are there already having people leave their jurisdictions to go to places where the economy is better. Where it is cheaper to live the answer to this to falling revenues is gin it up with the policies that will only make more people leave. That is what’s interesting about positions in Colorado and California as they as top executives is an actual count of their of the number of wealthy Californians that are fleeing the state personally and moving their businesses out to release of the.these are the guys seeing destruction happen they are worrying this is going a little bit too far but the genie is out of the bottle now the pressure is on politicians if they are not supporting the soak the rich strategy, they are worried they’re getting sideways with their base."

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Kim Strassel on Wealth Tax: This Has Become a Cosmic Split Between Blue and Red States, Dems Already Having People Leave Their Jurisdictions