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Millionaires Race From Sanctuary State, Leaving It In Ruins

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Americans are fleeing California in droves. Known as one of the least free states in the nation, California is known for burdensome regulations, over taxation, the train to nowhere, crumbling infrastructure, yet California is also home to fisheries and beautiful vineyards, redwood forests and some of the most fertile farmland and scenic views in the nation.

Overtaxation, overregulation, and government abuse and mismanagement are destroying what was once a beautiful state with sanctuary policies and the producers in the state are paying a hefty price.

Forbes reports

“According to new research released by Charles Varner, associate director of the Stanford Center on Poverty and Inequality, California lost an estimated 138 high-income individuals following passage of the Proposition 30 income tax increase championed by Gov. Jerry Brown (D) and approved by Golden State voters in 2012.

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This new research by Varner updates a previous paper released six years ago that looked at domestic migration to and from California following a 2004 income tax hike.

‘One reason we wanted to update our previous paper is that this tax change in 2012 is the largest state tax change that we have seen in the U.S. for the last three decades,’ Varner said.

Prop. 30 raised the state’s top income tax rate by more than 29%, increasing it three percentage points from 10.3% to 13.3%, which is now the highest state income tax rate in the nation. Prop. 30 also hiked the tax rate on income between $300,000 and $500,000 by two percentage points (a 21.5% rate increase) and raised the rate on income between $500,000 and $1,000,000 by three percentage points (a more than 32% rate hike).

In 2016, California voters extended the Prop. 30 income tax increases, which were originally scheduled to expire in 2019, until 2030. There will be an effort to extend those income tax hikes yet again prior to their expiration in 2030; book it now.

Varner’s new research examined taxpayers who were and were not hit by the Prop. 30 rate hikes. He found that in the two years before the Prop. 30 tax hike was imposed (2011 and 2012), net in-migration for both groups “was positive and roughly constant.” Yet following 2012 and the passage of Prop. 30, net in-migration dropped for households that were facing an effective tax increase of 0.5 percent or more. The reduction was greatest for households facing the highest effective tax hike, according to Varner and his coauthors.

This isn’t surprising for those who are familiar with other attempts to soak the rich with punitive state income tax hikes on high earners. Take what happened in Maryland after Martin O’Malley, the former Democratic presidential candidate and governor imposed a millionaires tax hike a decade ago.”

For anyone familiar with the current progressive talking points, this sounds much like a former presidential candidate and current Senator from Vermont Bernie Sanders campaign rally and the talking points of many so-called Democratic Socialists, like that of current New York Congressional candidate, Alexandria Ocasio Cortez.

Forbes goes on to note additional research from Varner noting other areas that have tried the same approach as California is currently trying and all have ended in abject failure. –

“In 2008, in an attempt to address a state budget deficit brought about by Maryland’s structural overspending problem, then-Gov. O’Malley championed and enacted a new millionaire income tax bracket, raising the rate to 6.25%. A May 2009 Wall Street Journal editorial described the disappearance of one-third of the state’s millionaires in the year following O’Malley’s tax increase:

One year later, nobody’s grinning. One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller’s office concedes is a ‘substantial decline.’ On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year — even at higher rates…All of this means that the burden of paying for bloated government in Annapolis will fall on the middle class. Thanks to the futility of soaking the rich, these working families will now pay Mr. O’Malley’s ‘fair share.’”

Some, like the folks at Next 10, a San Francisco-based think tank, point to high housing costs as a more important factor than high taxes when it comes to what is driving people to leave California. While it’s clear that up is the only direction in which most California legislators want to take the state’s overall tax burden, it’s uncertain what action, if any, California officials will take to reduce exorbitant housing costs. When given the opportunity to institute a modest reform this year to help alleviate the high cost of housing, California officials declined.

Earlier this year Assemblyman Scott Wiener (D-San Francisco) introduced Senate Bill 827, legislation that would permit higher density housing near mass transit stops statewide. Passage of 827 would’ve permitted apartment buildings of up to five stories to be constructed near stations for San Francisco’s BART, Los Angeles‘s Metro Rail, and other mass transit stops throughout California. Despite claims that they are defenders of the downtrodden, Democrats who have steep majorities in both chambers of the California legislature were unable to pass Wiener’s bill. The failure to enact Wiener’s bill, which policy experts across the political spectrum viewed as a reasonable reform with which to begin addressing high housing costs, leaves little hope for those who want to see California lawmakers repeal or reform regulations that unnecessarily inflate the cost of housing.

Going back to California’s high tax burden, Varner’s new research backs up the old adage that when you tax something you get less of it. That applies whether the thing being taxed is cigarettes, booze, or, in California’s case, millionaires.”

 

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VIDEO: Migrant Caravan That Threatened To ‘Drop-In’ On Trump Tears Down Border Fence, Storms Mexico

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Someone is putting these people up to this, I swear. It’s to close to our midterm election for it to be a coincidence.

Just a few days ago, one of the migrants told Yahoo News that they were going to “drop in” on Trump and that he would have to take them in.

Trump needs to send in the military immediately.

Breitbart is reporting:

“More than 4,000 migrants forced their way into Mexico after storming a border fence with Guatemala.

Video captured by Noticias Telemundo shows the moment when hundreds of migrants force the gate open and rush into Mexico despite officials efforts to keep the migrants out.

Mexican authorities previously vowed to turn back any migrants who did not follow immigration law.

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The rush is the latest development for the caravan originating in Honduras, when approximately 1,300 migrants began an organized march to Mexico with some making their way to the U.S. Border.

The caravan caused the Mexican government to announce it would enforce immigration laws and turn back those who did not obtain a visa to travel through country. Despite the threat, the caravan grew in size to more than 4,000, pushing President Donald Trump to state he would remove all financial aid to Central American countries if the migration was not halted.

It remains unclear how many migrants were able to successfully enter Mexico by force.”

The Independent UK reported:

“Migrants in a caravan making its way north through Central America towards the US border have torn down gates and are making their way over a bridge into Mexico – with officials warning the trip will bring swift retribution from the Trump administration.

Young men in the caravan reportedly began on Friday violently tugging at a tall yellow fence in the way of the group before eventually tearing the barrier down. Men, women, and children then began rushing towards the bridge to Mexico that stands about 150 years (137 meters) away.

The fence toppling came just after US Secretary of State Mike Pompeo met with Mexican Foreign Minister Luis Videgaray to discuss the caravan, which started in Honduras last weekend.

“It’s a challenge that Mexico is facing, and that’s how I expressed it to Secretary Pompeo,” Mr Videgaray said in a news conference with the US secretary of state.

The Mexican government has asked for assistance from the United Nations refugee agency to help it process migrants arriving on the country’s southern border and seeking refugee status.

Processing those refugee claims could allow the Mexican government to disperse the caravan, and placate President Donald Trump, who is adamantly opposed to allowing any of the individuals into the US.

The caravan that is now at the Mexico border is composed of several thousand Honduran migrants who are seeking to escape violence and poverty in their home country. Mr Videgaray said earlier on Friday that the caravan was composed of some 4,000 people and each could present their claims to enter the country with refugee status.

“We haven’t had a caravan or group of this size seeking refuge at the same time, that’s why we’ve sought the support of the United Nations,” he said on Mexican television.

The Mexican government is taking a different tact with this caravan than a similar one that made its way north earlier this year, similarly drawing anger from Mr Trump.

Unlike that caravan, which made its way into the heartland of Mexico before officials attempted to process claims, the Mexican government this time is focusing on processing the individuals as they arrive on the border.

In response to the advancing caravan, Mr Trump has threatened to instruct the US military to “CLOSE THE SOUTHERN BORDER”, and said that he would cut aid to Central American countries where the migrants are arriving from.

It is not clear if Mr Trump is seriously considering closing the US-Mexico border, and it is not clear that he could conceivably do so, either. But, if he did, experts say that such a closure would have a major impact on the economy and ability of people to travel in and out of the US.”

Watch.

Migrantes logran romper cerca en la frontera y entran corriendo a México

Migrantes rompen cerca en la frontera y entran corriendo a México

Posted by Noticias Telemundo on Friday, October 19, 2018

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Watch How Left-Wing Protester Who Harassed 9/11 Widow Reacts When Confronted By Her Large ‘Son’

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Oh man, this is the best ever.

Don’t you just love it when angry, hostile left-winger, antifa types turn tail & run when the other side stands up to them.

We need more of this in America!

The Daily Caller is reporting:

Video of a left-wing protester telling an alleged 9/11 widow that her late husband should “rot in the grave” has gone viral.

The harassment of the woman took place in Portland, Oregon, during clashes between Antifa and pro-Trump factions.

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The protester screamed at the woman in the video and looked to be ready for a physical confrontation. After the woman said “My husband died in 9/11,” the protester yelled “Good for him! Good. Good. NYPD were a bunch of sodomized — fucking sodomizing immigrants with their bully sticks. Your husband should probably fucking rot in the grave.”

The woman walked on.

However, the leftist protester was not so empowered when a large man approached him and asked, “Did you call my mom out?” (RELATED: Antifa Protesters Block Portland Traffic, Nearly Start Riot During Kimmons Vigil)

The protester said “What?” and then took off running.

“Why are you running?” the man yelled.

There was a standoff between the leftist and far-right protesters, but when a large group of Trump-supporting activists looked to confront him, the man who insulted the widow suddenly lost his nerve.

WATCH:

Extra footage posted on Twitter shows the same man who was harassing the woman earlier running for his life down the street as fast as he could.

A professional skateboarder was mistaken for the man in the video and received death threats.

Oregon Live reported:

Portland professional skateboarder Charlie Wilkins faced violent threats on social media Thursday after video of an Oct. 13 protest went viral that showed an Antifa protester yelling at a woman.

“Your husband, should probably … rot in the grave,” the man rants at the woman, who claimed to be a 9/11 widow.

The man in the video resembles Wilkins, but the skateboarder insists it’s not him.

He and his wife Victoria say they avoid protests and were at a pumpkin patch that day.

“I just think he’s horrible to say that to anybody,” Wilkins told KGW, referring to the protester in the video. “I would never say that to anybody.”

Brandon Farley, who shot the video of the protest, weighed in on Wilkins’ behalf, tweeting:

“I don’t want to ruin an innocent man’s life! Stop this thoughtless tirade, immediately! Get the facts! He’s not the guy in my videos. Keep searching or move on, please.”

Wilkins is a longtime professional skater, and so his image is widely available online, which is likely the reason people made the connection between him and the Antifa protester.”

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