Because of Asset Seizures, I am Starting My New Company Outside California

Via: pando daily

By Bryan Goldberg
On March 25, 2013

Today was a bad day. After meeting with my tax accountant, I am now cutting a very large check to the State of California, all of which resulted from Proposition 30 and the “retroactive tax” that was levied on my 2012 income.

This despite the fact that I already paid my 2012 taxes back in September.

While the law stipulates that I must surrender this money, I refuse to acknowledge this as a tax at all. This is not a tax. This is an asset seizure plain and simple. The term “retroactive tax” is a despicable euphemism. It is no different than when Hugo Chavez used the benign-sounding “nationalize” to describe his seizure of private property in Venezuela.

Now before I go any further, let me tell you what I am not.

I am not a Tea Party member. I am not even a Republican. Twice I have voted for Barack Obama, and I was supportive of his tax compromise earlier this year. I am not a person who opposes paying taxes, even higher ones. I am a very reasonable person who respects the great opportunity that America has given to me.

But there is a very clear and unambiguous line between taxes — regardless of how high they are — and asset seizures. The State of California has taken money from me. Money that I already earned and paid taxes on, and I will not tolerate this act of theft.

Read more: here

Another good article….California is the worst…
-Moose

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