We hear that argument from time to time, that if we don't bring down our personal income taxes, somehow or other all of this talent will drain away. The obvious question is “Drain away to where?” But it's almost an implied threat that if you don't deal with the revenues, they're going to leave the country.
It still begs the basic question here, Mr. Flexman, that this government cannot in any meaningful way address its revenue shortfalls if it reduces income tax revenues from its best source of tax revenue.