Posted on 01/15/2014 9:21:21 PM PST by Beave Meister
Its okay, the 1 percent only pays 41 percent of Californias income taxes. And half the state pays no income tax at all. No one will even notice theyre gone.
Prop. 30, approved by voters in November 2012, raised state income taxes retroactively to Jan. 1, 2012, on singles making more than $250,000 and married couples making $500,000. It raised rates by one, two or three percentage points through 2018, bringing the top rate on incomes above $1 million to 13.3 percent, the highest in the nation.
Bryan Goldberg, who founded the Bleacher Report sports website and sold it to Turner Broadcasting for about $200 million in mid-2012, is moving his primary residence from San Francisco to New York this year. A major reason, he says, is Prop. 30 and the way it was applied retroactively.
(Excerpt) Read more at frontpagemag.com ...
and if our pathetic federal gub mint pushes amnesty up our rears there will be about twenty million more bottom feeders sucking off the teet voting for more free crap from the gub mint.
I thought he was moving because of the taxes? NY ain't no better.
I expect a headline like this about NYC in the near future too..
Now why would they want to leave??? hmmm....
Will we find posts bashing Brown and the governator? Perry has his faults but he is miles better than anything in Kalifornia.
Yes, I’ve also noticed that the most beautiful scenery in the country attracts liberals like flies. So far the main exception that I know about is the Shenandoah valley in Virginia, but it’s dangerously close to the beltway around DC.
That just proves California needs amnesty for illegal immigrants. They are clamouring to pay their fair share of taxes. Or so I’ve frequently heard.
I respectfully disagree. If someone’s getting, say, rental assistance, the gov’t check that goes to the landlord pays their “fair share” of the school tax.
In fact, if you do have a job and are not getting free rent, you’re not only paying your “fair share” of the school tax, you’re paying the “fair share” of the school tax of the people who ARE getting free rent.
Same for retail sales taxes. In fact, since people may spend their EBT money at Walmart, that gov’t money not only pays the retail sales tax, but since some of Walmart’s profits go to pay their corporate taxes, the gov’t money then pays for Walmart’s “fair share” of taxes.
All of which, of course, comes out of YOUR pocket.
I get it. It is why we are still here. That and family obligations. We live in the central valley but 1 hr 45 mins away we have a sailboat that makes the whole world go away for me. We have talked about moving, we can, but I am just unable to give up my lifestyle so far. Haven’t been able to find it anywhere in Oklahoma, Arkansas, or Missouri which is where the rest of my family is. sigh
Now that’s not nice, wishing California’s leftists on other states whose voters didn’t nurture leftist government and its supporters.
I thank God that I live in a state which is not even on their horizon as a place to live. Some things are more important than material wealth. If you have enough to live, the trade-off in loss of freedom is too big a price to pay, for more than that.
Yes, you are right...for those on the dole, we are all paying for them.
Yep...CA is a love/hate relationship.
BTW, you won’t find anything like it in the U.S. in regards to weather and things to do, topography etc. In fact, nothing comes close.
“Illegal invaders welcome!
Patriotic Americans and business STAY OUT or we will punish you as much as possible.
Enjoy our state and please visit again!”
Oh, please.
Rest easy with your yoke of taxation then. ALL taxes are a burden, the very word TAX means burden, to challenge, to test and try, to exhaust.
While what you say is, on the surface, true, it is also FACTUAL, in regards to income tax, to say that 40% pay NOTHING. Thanks.
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