Tax Guru – Ker$tetter Letter

Those who wonder why I frequently refer to the state where I spent the first 38 years of my life as the People’s Republic of California (PRC) should check out what they are planning out there on the looney Left Coast, as the attacks on successful people just get worse.  According to this announcement from Spidell, there are some ballot initiatives in the works to confiscate huge amounts of wealth, such as 45% or 46%,  from those deemed to be evil rich. Soaking the rich would be an understatement.  It’s more like drowning them.

If this doesn’t encourage more people to migrate to more capitalist parts of the country, as we did almost 13 years ago, I would be very surprised.  It would be nice to think that such ridiculous kinds of sanctioned theft couldn’t happen in a modern society; but the results from the recent election out there indicate quite the opposite.  It’s just one more indication of the incompetent education system that the message of killing the golden goose escapes so many people.