Walter Williams: Can California end flight of wealth?

Walter Williams: Can California end flight of wealth? Williams thinks California can stop the exodus of wealth and productive people from the state by setting up an East German-style border controls: “After all, how would forcing an American to remain in a state differ in principle from forcing him to purchase health insurance?” Well, Roberts did say ObamaCare was a tax…

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (12)

  • You remember when "All the Gold in California, is in a bank in the middle of Beverly Hills, in somebody else's name"? Well forget about that, those folks left years ago.

      • I'm actually not, but I don't hate them either. I guess I do repect the history of music. The Bellamy Brothers are legends, & I respect that because they earned it.

        BTW, I just looked up that song, & it was a Gatlin Brothers song. Also, you should look up when Larry Gatlin has been on Red Eye, he's very funny.

        • Dang, wrong brothers. In my defense, it WAS a long time ago that it was on the charts, but I knew it was some brothers.

          What can I say? " I was country when country wasn't cool."

  • To quote Otter, or whomever said it..... "leaving what a good idea"......New Zealand looks better every day!

  • And when Stupidfornia starts suing states because their meal tickets have moved elsewhere, maybe it will be time for them to put tariffs on anything shipped over the state border.

  • Yes, by demanding juristictional taxation rules. Meaning states cannot go to the feds when they make dumbass spending choices because of fairness & social justice. Like San Francisco does all the time. They do stupid sh!t, they then go to Sacremento, who then goes to WashingtonDC becausenobody can afford the dumbass spending at SF city hall. People in South Dakota, South Carolina, or the southside of whatever town you live in should'nt pay for their cock-ups.

  • FTA: "They can simply stop wealthy people from leaving the state or, alternatively, like some Third World nations, set limits on the amount of assets a resident can take out of the state."

    Maybe that's something like what Sock Puppet meant last week by "economic patriotism."