Capital is mobile, and it will go where it is well-treated.

Reader comment on: Crosby Advisors

Submitted by Belladonna Rogers (United States), Feb 12, 2014 18:59

Memo to Governor Andrew Cuomo:

To quote FutureOfCapitalism.com, "Capital is mobile, and it will go where it is well-treated." Think about that, Governor, the next time you decide to mouth off against conservatives who pay triple taxes in NYC and don't agree with you. You could find yourself with far fewer dollars in your state's income tax coffers with intolerant views such as yours.

I'd go so far as to suggest that you adopt this as your mantra, whenever you're tempted to badmouth people with whom you differ. Say it quietly to yourself, as you take deep breaths: "Capital is mobile, and it will go where it is well-treated."

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Other reader comments on this item

Title By Date
⇒ Capital is mobile, and it will go where it is well-treated. [109 words]Belladonna RogersFeb 12, 2014 18:59
Is that the state does not tax the trusts? [38 words]LyleFeb 12, 2014 18:36

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