Why Derek Jeter and LeBron James Are Running for Florida | Jim Powell | Cato Institute: Commentary

Why Derek Jeter and LeBron James Are Running for Florida | Jim Powell | Cato Institute: Commentary: "These cases offer a reminder of the futility of trying to soak the rich — something President Obama wants to do by letting the Bush tax cuts expire for high-income earners. These people typically have skills that are in demand around the country and often around the world. They can live practically anywhere without impairing their ability to earn a lot of money. And so they will move somewhere else that is glad to leave their bank accounts alone."