Taxes were one of the main issues that started the revolutionary war... Here we go again???
By
Wayne Allyn Root
Published January 30, 2013
FoxNews.com
President Obama, you have a big problem. You may own the media, so you
can control the Benghazi disaster. But you have no control over this
one. A tax rebellion has started.
Phil Mickelson is one of the most famous athletes in the world. He is
worth in the vicinity of $100 million. Last year he made almost $50
million. Yet he
doesn’t want to pay
California’s high taxes.
Tiger Woods is far more famous and worth far more -- over $1 billion, yet
he agrees with Mickelson
and admits that he left California in 1996 for the exact same reason: high taxes.
In the same week, famed boxing promoter Bob Arum announced that
superstar boxing legend Manny Pacquiao’s next fight will not be in held
in America.
The man who makes tens of millions per fight refuses to pay Obama's
higher U.S. income taxes. He is considering Mexico City, Asia, or Dubai
for his next fight.
Can you imagine? Smart businessmen would
rather choose Mexico City over America
because of Obama’s taxes.
Then Tina Turner went public. She is renouncing her U.S. citizenship to
become a Swiss citizen- which just happens to have lower taxes than
Obama’s America.
But these are just the rich celebrities courageous enough to go public.
This is merely the tip of the iceberg. The rich are fleeing in droves.
The Obama tax and spend Ponzi scheme is imploding.
What changed?
The technology revolution has made it possible to do business from
places where the taxes are lower (or non existent) and where the
government treats us better. Obama had better learn this lesson fast,
because this tax rebellion is spreading to millions of Americans with
far smaller incomes or assets than Tiger Woods, Phil Mickelson, or Manny
Pacquaio.
The signs are everywhere that a tax rebellion has begun.
The latest U.S. Census showed us that the states with low taxes
enjoyed the fastest population growth- states like Nevada, Texas,
Florida, and Arizona.
Not surprisingly, the states losing the most population are all high
tax states like California, New York, New Jersey, Connecticut, Maryland,
and of course Obama’s Illinois.
These states that Americans are running from are all governed just like
Obama wants to govern the entire country. Soon these same Americans
running away from California, New York and Illinois will instead be
running away from America.
Ask the co-founder of Facebook, who recently renounced his citizenship
and left for Singapore (where the capital gains taxes are zero).
Ask big-time Democratic contributor Denise Rich, who recently renounced her citizenship to leave for Austria.
The trickle is turning into a torrent. Record numbers of wealthy Americans are giving up their citizenship-
eight times more than before Obama became president
.
Of course we already know that only one year after the UK imposed a “Millionaires Tax”
two thirds of the millionaires in England disappeared off the tax rolls
.
High taxes have worked well in England…they are about to endure an
unheard of in history triple dip recession…the third recession in 5
years. Folks that’s called a
Great Depression
.
We already know that millionaires are escaping France at a record
pace because of high tax rates imposed by the new Obama-clone Socialist
President of France. Even leftist actors like Gerard Depardieu have
been
forced to abandon the country
they love.
The famous actor isn’t alone. Requests by citizens to leave France are
up by 500%
.
But then came the coup de grace. Former French President Nicolas Sarkozy
has just announced he is leaving France because of taxes.
High taxes are even chasing away the
presidents of their own countries!
High taxes work great in France. Their Labor Minister announced just this week that France is “totally bankrupt.”
His words
.
I understand all of this only too well. I’ve got my own “escape from
taxes” story. I arrived in sunny Southern California in 1989. I fell in
love. I thought I would never leave. I woke up every morning to walk on
the beach, and to watch dolphins swim from my deck. I married a former
Miss Oklahoma. I was in heaven.
Unfortunately, during the next decade California grew more and more
desperate. Taxes were raised again and again. There were so many rules,
regulations, and lawsuits, it became impossible to run a business in
California. So I escaped to Las Vegas, Nevada.
Las Vegas is “America’s Monte Carlo.” It’s a place with no state income
tax, business income tax, capital gains tax, or inheritance tax…and the
16th lowest property taxes in America. A place where the state
constitution bans income taxes, limits the time politicians can meet,
and welcomes guns in the hands of law abiding citizens. I call it
heaven. As long as the taxes stay at zero, I’ll never leave.
But I'm not alone. During the past decade over 1.3 million residents
escaped California. When I add up the income taxes, property taxes,
business taxes, and the payroll and income taxes for the 100 employees I
took with me…chasing me away probably cost California about $2,000,000
in lost revenues. Multiply that times thousands of other high income,
high net worth, business owners among the 1.3 million who have
escaped...and that accounts for why California is always broke,
insolvent, and desperate.
You know what they say about pigs- they get slaughtered. California is
certainly a pig. Just like the "PIIGS" in Europe- Portugal, Italy,
Ireland, Greece, and Spain all chased away their richest citizens and
business owners. Now they have nothing left. Their tax base is
destroyed. Add France and the UK to the list. There all going down.
If we let big government progressives have their way, California’s sad
story and Europe’s tragic story will also be America’s sad story. Obama
is killing the American Dream. Phil Mickelson was only vocalizing what
millions of business owners in America are thinking right now.
Governments lie when they say taxes are good, or “fair” or the price you
must pay for a “civilized society.” Big government doesn’t lead to a
better life. Big government leads to a miserable life. I’m enjoying a
much better quality of life in Nevada with lower taxes- it isn’t even
close.
Here’s the reality -- the high tech revolution has killed the
progressive and socialist dream. We aren’t trapped anymore. You can’t
tax us to death, simply because you don’t own us. We have I-Phones,
I-Pads, I-Pods, text, laptops, and Satellite TV. We can do business from
anywhere in the world- from a beach in Sydney, to a mountaintop in
Nepal, to a forest in New Zealand, to a luxury high rise in Hong Kong.
It’s called freedom.
Sorry, President Obama your dream is about to collapse. Ask Phil
Mickelson, or the President of France, or all those millionaires missing
in England, or soon half the business owners in America.
Tax and spend is DOA (dead on arrival).
Wayne Allyn Root is capitalist evangelist, entrepreneur, and
Libertarian-conservative Republican. He is a former Libertarian vice
presidential nominee. Wayne's latest book will be published on April 15:
"The Ultimate Obama Survival Guide: Secrets to Protecting Your Family,
Your Finances, and Your Freedom." He is also the best-selling author
of "The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.
" For more, visit his website: www.ROOTforAmerica.com
Read more: http://www.foxnews.com/opinion/2013/01/30/look-out-mr-obama-tax-revolt-has-begun-in-america-led-by-mickelson-woods/?intcmp=obnetwork#ixzz2K9v4Y3LT