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					Originally Posted by  PaulS
					 
				 
				That is pretty much what happens. 
			
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 Until the rich have had enough, and then flee, or even worse, establish legal residency elsewhere, costing the state massive tax revenue.  That's what's happening now in CT and NY.  And it's a disaster for the balance sheet.  It never sinks in to liberals, that the concept of supply and demand applies to things like an income tax.