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Entrepreneurs have a tendency to go from where profits are highly taxed to pay for everybody's safety net to countries where they can keep more of their money.

A French engineer once explained to me how good the health care coverage is in France. But where is her high paying job? Not in France.




Which is why California is such a startup magnet...cause of those high state taxes in Nevada, Texas, Oregon!


You may have noticed that entrepreneurs leave California before they cash those lottery tickets. See Arrington, Severin...




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