Well, that didn’t take long.

About three hours after we released yesterday’s Hotline warning that businesses would leave Washington after the state Supreme Court ruled the capital gains tax of 7.5% constitutional, this press release came across our desk:

In honor of the Washington State Supreme Court’s wisdom and knowledge of the law, and in recognition of whatever it may do next, Fisher Investments is immediately moving its headquarters from Washington State to Texas.

The Washington state lawmakers and Supreme Court should have read Arthur Laffer’s new book aptly titled: Taxes Have Consequences.