Why Virginia Needs To Dump the Dems

Before it's too late:

Soak the Rich, Lose the Rich
Americans know how to use the moving van to escape high taxes.
By Arthur Laffer and Stephen Moore, writing in the Wall Street Journal

Updating some research from Richard Vedder of Ohio University, we found that from 1998 to 2007, more than 1,100 people every day including Sundays and holidays moved from the nine highest income-tax states such as California, New Jersey, New York and Ohio and relocated mostly to the nine tax-haven states with no income tax, including Florida, Nevada, New Hampshire and Texas. We also found that over these same years the no-income tax states created 89% more jobs and had 32% faster personal income growth than their high-tax counterparts.

Did the greater prosperity in low-tax states happen by chance? Is it coincidence that the two highest tax-rate states in the nation, California and New York, have the biggest fiscal holes to repair? No. Dozens of academic studies -- old and new -- have found clear and irrefutable statistical evidence that high state and local taxes repel jobs and businesses. [link]

There is a veritable host of enitities here in the commonwealth that are calling for a very real host of tax increases - on the rich, on business, on gasoline, on cigarettes, on property, on financial transactions, on carbon, on sales ...

Meanwhile, Texas beckons.

As does China and Singapore and Korea and Mexico ...