California Policies creating inequality as middle leaves

Discussion in 'Politics' started by jem, Mar 20, 2018.

  1. jem

    jem

    you see California is the petri dish or rising inequality.
    you bring in the poor who suck of the govt and you drive out the tax payers with crazy high taxes.

    Only 30 percent of us make enough to pay income taxes and we driving out middle aged tax payers.

    Don't the morons running the govt understand that this is not sustainable? nor is it wise or just?

    Help the poor but don't crush those who work.


    https://www.cnbc.com/2018/03/19/cal...ousing-costs-and-taxes-are-fleeing-state.html

    'Highest taxes in USA'
    Even Republican California Rep. Devin Nunes took a swipe at his state last week in a tweet, calling it out for the "highest taxes in USA that make it hard for people to afford to live there."


    Devin Nunes‏Verified account@DevinNunes
    My daughter sees @TuckerCarlson report on TV saying California is becoming 3rd world and asks me why. I tell her CA has highest taxes in USA that make it hard for people to afford to live here. She responds “Don’t you get paid to fix it?”

    Californians fed up with housing costs and taxes are fleeing state in big numbers 2 Hours Ago | 01:00
    Californians may still love the beautiful weather and beaches, but more and more they are fed up with the high housing costs and taxes and deciding to flee to lower-cost states such as Nevada, Arizona and Texas.

    "There's nowhere in the United States that you can find better weather than here," said Dave Senser, who lives on a fixed income near San Luis Obispo, California, and now plans to move to Las Vegas. "Rents here are crazy, if you can find a place, and they're going to tax us to death. That's what it feels like. At least in Nevada they don't have a state income tax. And every little bit helps."

    Senser, 65, who previously lived in the east San Francisco Bay region, said housing costs and gas prices are "significantly lower in Las Vegas. The government in the state of California isn't helping people like myself. That's why people are running out of this state now."

    ...
    Outbound migration
    He said the latest Census Bureau data, from July 2016 to July 2017, show "more people moved out of California to other states than moved in from other states. In other words, California lost people due to domestic migration."

    During that 12-month period, California saw a net loss of just over 138,000 people, while Texas had a net increase of more than 79,000 people. Arizona gained more than 63,000 residents, and Nevada gained more than 38,000.

    "You can literally have a lot of buying power for the dollar in Southern Nevada versus Southern California," said Christopher Bishop, president of the Greater Las Vegas Association of Realtors. "So it has been a major trend over the year, year and a half, and we're seeing it increase."

    Bishop said some people who work for Silicon Valley companies are even working remotely from home in Las Vegas to avoid the higher housing costs in California. But he added, "Most of the people are here because of our growing job market and industries in Las Vegas — and it's not all about casinos anymore."

    Data from United Van Lines show some of the most popular moving destinations for Californians from 2015 to 2017 were Texas, Arizona, Oregon, Washington and Colorado. Other experts also said Nevada remains a top destination.

    Regardless, some people still want to move to California but are finding it tough to do so because of the high cost of housing.

    Trying to return
    Michelle Lynn Ostroff, who left the Los Angeles area in 2013, now lives outside Cleveland, Ohio, with her daughter and wants to return to California to be closer to her friends and family. But she's been discouraged from returning so far due to monthly rental prices.

    "I'm finding it very hard to make that happen, as finding a place that's affordable is tough," said Ostroff. The L.A. area "is definitely more than two times the amount of rent that I pay."

    Indeed, California has five of the top 10 most expensive rental marketsnationwide, according to industry tracker Zumper.

    San Francisco ranks as the nation's most expensive rental market, followed by New York, according to Zumper's top 10 list. San Jose comes in third place, and Los Angeles in sixth place. Oakland and San Diego also made the top 10.

    "For a lot of people, renting is the only option they have because it's tough to afford a house here," said Steve Feldman, a Keller Williams real estate agent in the L.A./San Fernando Valley region.

    Expensive rents
    The median monthly rent for a one-bedroom apartment in the Los Angeles area is $2,249, and in San Francisco it's almost $3,400, according to Zumper. The median rent for a two-bedroom apartment in the Los Angeles area is $3,200 and in San Francisco about $4,500. By comparison, the median rent for a one-bedroom in Las Vegas is $925 and in Phoenix $945, and for a two-bedroom in Las Vegas $1,122 and in Phoenix $1,137.

    "High housing costs are a challenge for employers, who need to offer workers enough so they can afford to live here," said Kolko. "Despite this, California is still hiring, and job growth was strong over the past year."

    California's $550,990 median price statewide for an existing single-family home compares with the national median price of $247,800, according to the National Association of Realtors and its state association.

    "People who have owned their house for quite a while can cash out with quite a nice bit of money in their hands,' said Feldman. "They can go to another state and buy a house for a fraction of what they have here and tuck away a lot of money and retire, work or bring their cost of living and overhead down."


    [​IMG]
    Rising rents causing major affordability issues 3:57 PM ET Fri, 16 Feb 2018 | 01:37


    Middle class leaving
    Internal Revenue Service data would appear to show that the middle-class and middle-age residents are the ones leaving, according to Joel Kotkin, a presidential fellow in Urban Futures at Chapman University in Orange, California.

    "We know the actual net migration out of California has been growing," said Kotkin.

    Furthermore, Kotkin believes the outmigration from California may start to rise among higher-income people, given that the GOP's federal tax overhaul will result in certain California taxpayers losing from the state and local tax deduction cap. "They are the ones who will tend to have the high property taxes and rely on writing it off," he said.

    California is often criticized as one of the highest-taxed states in the nation.

    Last year, Gov. Jerry Brown, a Democrat, signed a 12-cent-per-gallon increase in the state's excise tax on gasoline, bringing the tax to 41.7 cents per gallon, or a 40 percent jump. Drivers in California already pay the highest average for gasoline after Hawaii.


    more at link
     
    Tom B and RRY16 like this.
  2. Yes inequality is a huge problem in the US.

    The top 1% has as much wealth as the bottom 90%. Systemic change must be made to change this.
     
  3. RRY16

    RRY16

    No more moderates, it’s all or none, this is what happens when politics go extreme. It started on the national level and has now gone to the state and local level. Everyone wants 100% of the pie instead of compromising. Now it’s to late. Trump has made it worse. Game Over!
     
    Last edited: Mar 20, 2018
  4. This is actually the aim of California's policies. Any fool could predict that would be the result. It is the far left's way of consolidating power. Get rid of people who aren't inclined to vote for you. Bring in masses of foreigners and promise them free stuff, paid for by whitey.
     
  5. jem

    jem

    I love so much about California.
    I hate to see it so messed up for future generations.
    I think I feel it more because I saw what these same ideas did to New York under Koch and Dinkins and I saw the corruption under Barry in D.C.

    I have seen this movie before only this time its seems like its being done with nefarious motives.
     
  6. elderado

    elderado

    Jerry Brown's Best Line Evah!!!

    “People say, ‘How are you going to fund the railroad? … I’ll tell you how we’re going to fund the railroad. We’re going to take back the Congress and then a Democratic Congress is going to put the high-speed rail in the infrastructure bill and then we’ll get that trillion dollars and we’ll put America back to work.”

    http://www.breitbart.com/california...sts-critics-of-high-speed-rail-costs-bullsht/

    Total MoFo.
     
  7. elderado

    elderado

    So your point is that California, being the liberal/progressive state that it is, should show the way regarding systemic change?

    Have at it, Cali, just don't rely on the rest of us to support you in the process.
     
  8. gwb-trading

    gwb-trading

    Well California is the number one leading state for busing the homeless to locations out-of-state thousands of miles away.

    Surely that has to help reduce some of the inequality.

    https://www.elitetrader.com/et/thre...horrified-visitors.317669/page-2#post-4626570
     
  9. RRY16

    RRY16

    I just saw a Greyhound bus pick up a group of thugs and homeless an hr ago heading east from San Diego with a sign that said Raleigh/Durham.
     
    #10     Mar 20, 2018