PILOT SPIN
Spin Zone => Spin Zone => Topic started by: PaulS on January 26, 2016, 03:55:33 PM
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Think about this as you pick a presidential or congressional candidate to vote for this year. I just think of Bernie and Hillary bloviating about more taxes needed, this is the result of too high taxes.
http://www.nytimes.com/2016/01/26/business/dealbook/a-tidal-wave-of-corporate-migrants-seeking-tax-shelter.html?_r=0
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Yes, our business climate has eroded over the past eight years. We are no longer the land of opportunity, but the land of regulation, taxes, and the demonization of private industry.
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That was a shockingly good article from the New York Times.
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And don't forget the rich are fleeing in ever increasing numbers:
http://www.forbes.com/sites/robertwood/2015/10/26/reverse-immigration-americans-renounce-citizenship-in-record-numbers/#3376847e4079
http://www.zerohedge.com/news/2015-01-31/what-do-they-know-why-are-so-many-super-wealthy-preparing-bug-out-locations
Plenty of other articles to read. So, corps are fleeing, the 1% are fleeing, that leaves us that do well, but not well enough to leave, holding the bag to pay for ever increasing entitlements. It's a house of cards, and it's going to fall. Hopefully not in my lifetime, but certainly in our children's lifetimes.
America was a great country and a grand experiment, but I fear it's a dead man walking at this point.
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Back in the sixties, professors used to warn about the coming, "Marching Morons," that would supplant hard working, tax paying, American citizens.
Congratulations liberals. You brought it to fruition.