Posted 10 years ago on Jan. 9, 2012, 8:18 a.m. EST by darrenlobo
This content is user submitted and not an official statement
Like ravenous sharks at the smell of blood, Courage Campaign has its eyes set on more income ripe for plundering through taxation. Their aim is to increase the Golden State's millionaire tax from 10.3 percent to 13.3 percent for income over $1 million and 15.3 percent for income over $2 million. On top of California's already horrendous business climate, this tax will undoubtedly provide more of an incentive for Atlases to do the proverbial shrugging and flee overzealous and overburdening government regulation.
The moral of the story is that more taxes are only going to hurt us.