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This is like Oracle thinking they can raise the price of something forever due to lock-in. That is true until it suddenly isn't. The wealthy of CA are particula

by temphn 14y ago

This is like Oracle thinking they can raise the price of something forever due to lock-in. That is true until it suddenly isn't. The wealthy of CA are particularly mobile as movies and software require no natural resources. All you need is a few people to start defecting. Is it really "Randian" to believe that people will increasingly use the internet/cloud/telecommuting/Skype/Anybots to work remotely?

muzz 14y ago
No, it's nothing like that at all. It would be foolish to assume that all locations are equivalent when it comes to generating income. The differences in different areas far exceed a 1.3 increase in tax rate.