2013-06-22

Two Of The Most Under Rated Words In The English Language

Capital flight.

As in over tax and watch capital magically and secretly flee. It's a story as old as civilization itself.

Quebec I'm sure bleeds capital. Especially when other provinces make it more attractive to do business there. Saskatchewan is now in on that game and smart Quebecers will go.

Minnesota, I read, is now taxing income generated through Amazon affiliated marketing. A system used mostly by bloggers.

Classic example of a leftist state finding sources of income to expropriate. Income generated by most blogs is insignificant in the grand scheme of things but the extra $100 or so a month goes a long way to paying for stuff like food and gas. But I guess the enablers prefer everyone go on EBT cards it looks like.

And like Saskatchewan, neighboring South Dakota attracts productive Minnesotans thanks to its more reasonable tax code. The trick and challenge, though, for places like S. Dakota and Texas and Florida etc. is to keep the riff-raff from uber-liberal states out. Those folks will mess you up good. Like Charles Bronson mess you up. Chuck Norris mess you up. Stevan Segall mess you up. Jean-Claude Van Damme - ok, maybe not but you get the picture.

For the record, I must be doing something wrong because it takes me a couple of years before Google cuts me a cheque for $100. Apparently, it's taxable in Minnesota now; if I read correctly. What geniuses.

Come to think of it, this can easily be a 'Fall of the West' segment.


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