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- Oct 4, 2005
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- Very Conservative
We all should be concerned with the plight/flight of the rich.
Donald Trump, who knows something about making money, says of course the rich will leave when hit with higher taxes. "I know these people," he told me. "They're international people. Whether they live here or live in a place like Switzerland doesn't really matter to them."
You haven't left, I told him.
"I haven't left yet. ... Look, the rich people are going to leave. And other people are going to leave. You're going to end up with lots of people that don't produce. And then that's the spiral. That's the end."
And that's another good reason for us to get on with reducing the size of government.(John Stossel writes for Creators Syndicate.)
More taxes will send the rich packing - dailylocal.com
I wonder what Switzerland's tax rates are.
:rofl