Mr. Obama, Build Up That Wall!
In order to avoid throwing his money into the maw of an increasingly oppressive and spendthrift government, Facebook co-founder and about-to-be gazillionaire Eduardo Saverin has renounced his U.S. citizenship in favor of Singapore. To put an end to such sensible behavior, Democratic Senators Chuck Schumer and Bob Casey have proposed a punitive tax on any wealthy Americans who try to escape the clutches of Democratic Senators Chuck Schumer and Bob Casey by leaving the country.
But I have a much better idea, a much simpler and more effective idea. Why not just build a wall? Come on, this is a great, creative approach! How could it not work? We build a wall around the country and anyone trying to escape with his money or his brain power or his hard work, we capture him and bring him back. Or shoot him, if we have to.
This wonderful solution to the Saverin problem is not just perfect for the United States in general — it'd work in individual states as well. Take California -- please! As City Journal's Steven Malanga reports, businesses are leaving the golden state in droves.
As California has transformed into a relentlessly antibusiness state, [its] redeeming characteristics haven’t been enough to keep firms from leaving. Relocation experts say that the number of companies exiting the state for greener pastures has exploded. In surveys, executives regularly call California one of the country’s most toxic business environments and one of the least likely places to open or expand a new company. Many firms still headquartered in California have forsaken expansion there.
This shouldn't be. Not when the answer is right there in front of us! Just build a wall along the border of the state and anyone who tries to get out gets the old bang-bang-you're-dead treatment!