22 março 2012

A QUEDA DO IMPÉRIO :

Global Economic Trend Analysis - Mar 2012 - clique 1 -  clique 2.
Califórnia implodindo feito a Grécia. Arrecadação desaba. Empresários em fuga.
The deterioration is more than double the shocking $535 million reported decline for last month. The cumulative fiscal year decline is $6.1 billion or down 11% versus this period in 2011 ... businesses and successful people are leaving California for the better tax rates available in more pro-business states. Derisively referred to as “Taxifornia” by the independent Pacific Research Institute, California wins the booby prize for the highest personal income taxes in the nation and higher sales tax rates than all but four other states. Though Californians benefit from Proposition 13 restrictions on how much their property tax can increase in one year, the state still has the worst state tax burden in the U.S. Sadly, the contraction in income and wealth is inevitable when regulations, taxes and fees become unbearable. The incentive to work diminishes and the incentive to flee the taxing jurisdiction increases. People and capital flee CA while the legislative body continues to spend, spend, spend and tax, tax, tax. Its destructive policies are destroying the state. Revenues will continue to shrink as will population and corporate activity.