Wednesday, July 14, 2010

ElRushbo

Re El Rushbo: "If character were elastic, he wouldn't have enough to make a parakeet suspenders."

Or re Rush, from Fred Allen,describing another person long ago:
"You could fit his heart in a flea's navel, and still have room for dozens of caraway seeds."

El Rushbo has sold his NYC condo. He pledged to leave NY entirely when Albany imposed a temporary millionaires surtax.

He resides in Florida,which has no income tax. He also hides mucho greenbacks in the Cayman Islands.

LeBron James is going to Miami. And Huckabee says it's because of the NY high taxes.James will have no Florida tax on his $15 million annual salary. And being a legal Florida resident,he'll have no tax on his endorsement $s.

There could be a race to the bottom. Ohio could become the Florida North by eliminating its' top 6.24% income tax rate. NY could eliminate its' top rate of 12.62%

The better option is to have Florida impose an income tax.

There should be a race to the top of El Rushbo and James' mansions to collect taxes on their obscene income.

And we should get the IRS down to the Caymans.

A good read by a teapartier tax cutter is:
http://www.nypost.com/f/print/news/opini...

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