McDad
I can't brain today; I has the dumb.
- Joined
- Jan 3, 2011
- Messages
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There will be some but I doubt it will as many as some anticipate.Bout to find out if this works or not. Proof will be seen by 2027. I am betting for an exodus of wealthy people and hedge funds if the taxes do go up. If I am wrong time will tell.
The thing politicians have never cared about was the results of their tax rhetoric. They run spreadsheets showing the increase in tax revenue when taxes are increased. The reality is that it never materializes. The reason is human behavior. People will alter behavior in the face of new or increased taxes to retain their money. The wealthier the person, the more resources they can bring to that effort.
Tax mitigation and deferment is 75% of what my CPA and I discuss.

