"Whether it’s because we end up going over the fiscal cliff or because Republicans agree to President Obama’s plan of not extending the Bush tax cuts on America’s wealthiest earners, the possibility of an effective tax hike means that higher-income Californians may be in for a whopping aggregate marginal tax rate. The super-liberal state already succeeded in approving their own rate hike with Proposition 30 in the November election, and combined with the potential federal raises, they could be looking at a top bracket with a marginal income tax rate of just under 52 percent:"http://hotair.com/archives/2012/12/05/if-u-s-hikes-taxes-hig...I'd bet a bunch of those folks are eyeing Nevada and Texas right now...t.
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