Opinion: The tax bill deserves to die

Discussion in 'Taxes and Accounting' started by ajacobson, Nov 4, 2017.

  1. Sig

    Sig

    Actually I'm not late at all, did you actually read the article? I've been fortunate enough to live in CA twice, the only reason I don't now is because of housing prices which are insane (that's what the article is about, could you actually be bothered to read it. Common problem among your belief type given the latest climate change thread) And which are also a direct result of the popularity of the Bay area at least among the wealthy technology class who can afford to live anywhere. Again, those people aren't leaving CA because of taxes and they certainly aren't moving to Kansas or Alabama because they have low taxes!
     
    #11     Nov 5, 2017
  2. DTB2

    DTB2

    Why do you think the houses have become unaffordable? Because wages haven't kept up. Why are the wages keeping up? Regressive business climate including taxes.

    So much for you being a big picture guy.
     
    #12     Nov 5, 2017
  3. zdreg

    zdreg

    let's see if he honors you by putting you on ignore. sig is completely full of himself.
     
    #13     Nov 5, 2017
  4. newwurldmn

    newwurldmn

    San Fran is very regressive for businesses. The dearth of startups is proof of that.
     
    #14     Nov 5, 2017
  5. gkishot

    gkishot

    Makes no economic sense. Wealth comes from savings & investments not from taxes. If the countries are so wealthy as you say why do they need to take money from their own people?
     
    #15     Nov 5, 2017
  6. R1234

    R1234

    I too run a location independent company and I live in NY. Some years I have fallen in the 8.82% NY tax bracket and it has been extremely painful to write such huge checks to a state that will throw it away on non capital expenditures. I don't know about CA but NY has a vast population of overpaid and overpensioned public sector workers. This is a legacy of the 1970's and 1980's when interest rates were high and public pensions did not have the chronic shortfalls they have now. Well, interest rates plunged but the public worker unions still get their fat cat pensions and benefits - even new hires today are promised benefits far exceeding any private sector job. And this is where the biggest slice of the pie of NY income tax and property tax goes to. Do I not have the right to be angry?
     
    #16     Nov 5, 2017
  7. Sig

    Sig

    I think sarcasm is lost on these folks.
     
    #17     Nov 5, 2017
  8. Sig

    Sig

    Houses are expensive because supply exceeds demand. And demand is high because everyone wants to live there, not Kansas. That's econ 101 my friend, something I highly recommend you take before opining on econ matters!
    And I was responding to the false assertion that there was going to be or already is a mass exodos from CA because taxes. Your response is a nice non sequitur to that. When one argument is proven wrong just pivot to the next? Maybe try stopping to think about what you believe once in a while?
     
    Last edited: Nov 5, 2017
    #18     Nov 5, 2017
  9. Sig

    Sig

    Because wealth comes from having an educated, healthy, safe, happy population. All those things come from public services paid for by taxes. Again, try traveling a bit, it will open your eyes.
     
    #19     Nov 5, 2017
  10. Sig

    Sig

    Never said that at all, you have every right to work towards making your elected officials more accountable for those costs. Your right to be upset about that is a far cry from claiming the state is some kind of mismanaged liberal hellhole that the educated wealth creators are fleeing based on taxes, a false narrative for which no evidence has been presented yet.
     
    #20     Nov 5, 2017