creators syndicate

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Creators Syndicate honcho whines about taxes, fails to note underlying causes - 07/10/09

Creators Syndicate founder Rick Newcombe takes to the pages of the Wall Street Journal to offer "Why We'll Leave L.A./The business climate is worse than the air quality" (link). He's threatening to move his company to another city or state because L.A. reversed their decision on his company's tax classification: Everything was fine until the city started running out of money in 2007. Suddenly, the city announced that it was going to ignore its own ruling and reclassify us in the higher tax category. Even more incredible is the fact that the new classification was to be imposed retroactively...