Paul Craig Roberts writes in the Washington Times that Manhattan District Attorney Robert Morgenthau has announced that corporations that reincorporate in order to move their legal residence from New York will be prosecuted for tax evasion. Charming. God, er, Morgenthau forbid that someone might vote with their feet concerning taxes imposed by the elite of the Empire State. (It’s not called the Empire State for nothing, you understand). And never mind that tax competition encourages economic efficiency and lower taxation. Mr. Morgenthau’s plan is a logical consequence of the Northern view of the War Between the States, namely, once you’re … Continue reading Government Loot
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