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Austin Campbell
@austincampbell
Founder of @ZKZeroKnowledge Teaching @NYUStern Zero Signal & Zero In:
参加 February 2023
1.4K フォロー中    22.4K ファン
Blue states overall have hit a wall on math. Once your tax rate rises high enough that, for high earners, it's potentially worth millions over 10-20 years to leave, they start doing so, in increasing numbers. Then your economy hollows out. CA, IL, NY are all seeing this with the amount of jobs and revenue leaving. This is despite having some world class industries there that are now slowly decaying into dust. CO is not on that level. It will look more like WA doing this, which will simply nuke the economy on a forward basis. The unfortunate truth: you need to spend less and police the government spending you have. You cannot tax your way into prosperity when people can just move to Texas.
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If Amendment 87 passes, Colorado’s top income tax rate jumps from 4.4% to 8.4% making it the 9th highest in the country. Businesses will leave. Jobs will leave. Investment will leave. This is how you kill a state’s economy. Vote NO on Amend 87. (Tweet by DoBetterDNVR and not authorized by any candidate or committee)
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