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Is California encouraging rich to leave?

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  • Description

    Art Laffer's plan to fix the Golden State

  • Duration 2:30
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Yeah by many in the media came down hard on Phil Mickelson for complaining about California is outrageous tax rates the guys paid over 60% of -- earns.

To the government and because of that he apologize for opening his mouth.

Would he have been better off just packing his bags and moving to Texas -- -- out of Golden State over to Florida art Laffer is here is an economist.

And former advisor to President Reagan and he wants -- job advising Phil Mickelson.

Says you moved out of California for just the same reason I should get I -- I left six and a half years ago when I went to Nashville Tennessee which is actually wonderful by the way there and there's no income tax that -- wrote a book called eureka eureka.

-- it coming up.

Well yeah -- eureka covers how to fix California which is not the way Governor Brown is doing it which is raising taxes and the people of California but it's a race you'll -- It's amazing what you can push off on people I mean.

It says half the world are idiots the average guys -- California what that means -- from below that.

I don't know how they could possibly -- that in.

I mean you can't tax -- state in the prosperity Brian.

He just can't and -- Governor Brown has historically been pretty good but not now usually ski areas it is people for a making over a million dollars of new detail I don't make over a million dollars let them pay more and it's OK to do that and they made it retroactive to.

We which is just incredible they went back here and raise the taxes and then they did that of the sales taxes while 25 basis points on that.

I mean there's just no tax they won't go after you know art I'm Phil -- -- this of the Brady got some bad English may -- from his sponsors we know Tiger Woods said after it.

That's why left in 1996 I don't tiger was I mean clearly tigers are really very Smart Fella.

I mean I would have gone to national budget tiger but -- just teasing guys -- but Florida -- Ghraib you know California's drink if you look at the out migration from California.

And if you look at the in migration to California first place are many more people leave him in coming in.

And their average incomes are about a 50% high chair which is crazy if you look at the -- and look at the landscape in over the yellow he has to offer it should be a big magnate.

But I like to new trend in this country among the states -- -- -- is doing a note to our -- governor Brownback is saying let's get rid of the income tax let's go to zero.

Let's do it well let's get -- -- consumption -- a Brownback a spectacular means one of the best people I mean I think he has presidential aspirations myself.

He's running the place so beautifully.

Politically as well as economically Sam Brownback probably the best governor in the US go get -- left pro is great guests you book is -- is called eureka and thanks so much for coming in aren't.

My -- -- IOC on radio.

It'll be all right.

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