California Exodus

Liberals take note: according to a new report by Arthur Laffer and Stephen Moore, half of California's $14 billion budget deficit in 2003 was due to millionaires fleeing the state because of the high tax rates. California faces a similar deficit this year, but will have much fewer wealthy earners to pay for it.

And what does California do to try to make up for it? According to soon-to-be former blogger SkyePuppy, they are going to raise taxes higher.

Gotta love Arnold's "bipartisanship," but I think people would be much happier without it if it meant they could keep more of their own money.