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	<title>Hong Kong &#8211; CalWatchdog.com</title>
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		<title>Americans exiting for jobs</title>
		<link>https://calwatchdog.com/2012/12/03/americans-leaving-for-jobs/</link>
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		<dc:creator><![CDATA[CalWatchdog Staff]]></dc:creator>
		<pubDate>Mon, 03 Dec 2012 18:14:16 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Regulations]]></category>
		<category><![CDATA[John Seiler]]></category>
		<category><![CDATA[Ronald Reagan]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Hong Kong]]></category>
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					<description><![CDATA[Dec. 3, 2012 By John Seiler I was reading about how, in the late 1980s during the Reagan prosperity, there was a shortage of workers. The top federal income tax]]></description>
										<content:encoded><![CDATA[<p><a href="http://www.calwatchdog.com/2012/12/03/americans-leaving-for-jobs/hong-kong-airlines-stewardesses/" rel="attachment wp-att-35113"><img fetchpriority="high" decoding="async" class="alignright size-medium wp-image-35113" title="Hong Kong airlines stewardesses" src="http://www.calwatchdog.com/wp-content/uploads/2012/12/Hong-Kong-airlines-stewardesses-300x224.jpg" alt="" width="300" height="224" align="right" hspace="20" /></a>Dec. 3, 2012</p>
<p>By John Seiler</p>
<p>I was reading about how, in the late 1980s during the Reagan prosperity, there was a <em>shortage</em> of workers. The top federal income tax rate was 28 percent. In California, the top state rate was 9.3 percent. Combined: 37.3 percent.</p>
<p>Today, there remains mass unemployment under the Bush-Obama big-government policies. Top federal income tax rate: 35 percent, and maybe rising. Top state tax rate: 13.3 percent. Combined: 48.3 percent, and maybe rising.</p>
<p>Now, workers from America are <a href="http://www.washingtonpost.com/opinions/cant-find-a-job-move-overseas/2012/11/23/b7322ef4-3273-11e2-9cfa-e41bac906cc9_print.html" target="_blank" rel="noopener">moving to other countries to find jobs</a>:</p>
<p style="padding-left: 30px;"><em>&#8220;After applying for 279 jobs over two years, my husband finally got the offer he’d been hoping for: a well-paid position teaching philosophy at a respected university. We should have been thrilled. There was just one little thing.</em></p>
<p style="padding-left: 30px;"><em>&#8220;The job was in Hong Kong.</em></p>
<p style="padding-left: 30px;"><em>“&#8217;I feel like we’re being deported from our own country,&#8217; my husband said.</em></p>
<p style="padding-left: 30px;"><em>“&#8217;It’ll be an adventure,&#8217; I replied, trying to sound game.</em></p>
<p style="padding-left: 30px;"><em>“&#8217;I wasn’t looking for an adventure,&#8217; he said. &#8216;I was just looking for a job.&#8217;&#8230;</em></p>
<p style="padding-left: 30px;"><em>&#8220;Stories like ours are everywhere.&#8221;</em></p>
<p>In Hong Kong, the <a href="http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates" target="_blank" rel="noopener">top income tax rate is only 15 percent</a> &#8212; less than one third what it is Taxifornia.</p>
<p>In the Heritage Foundation&#8217;s <a href="http://www.heritage.org/index/ranking" target="_blank" rel="noopener">Index of Economic Freedom 2012,</a> Hong Kong is tops, with an 89.9 ranking (of 100), a &#8220;free&#8221; rating.</p>
<p>But the United States is way down the list, at No. 10, with a 76.3 ranking, &#8220;mostly free.&#8221;</p>
<p>California isn&#8217;t ranked separately. But if it were, it would be ranked around 55, &#8220;mostly unfree,&#8221; at the level of Greece (55.4), another area with a beautiful climate and a profligate, bankrupt government.</p>
<p>Time to get a plane ticket to Asia.</p>
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