Posted on 08/07/2020 12:25:09 PM PDT by KingofZion
“California has a new plan to tax the super rich. Will it drive them out?”
https://webmail.lerctr.org/~transit/healy/Uh_Yeah.mp3
I never understood the cheering here when liberals move out of blue states en masse.
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LOL...... Yep you’d think they would like to keep them rounded up
in a few locations rather than scattering across the fruited plain.
May I suggest the go to The American Virgin Islands.
Nice weather.
Make it illegal for white liberal ‘elites’ to leave California... They created the horror - let them live in it.
yes I wonder about Hollywood. Because I’ve heard that the legal residence of many actors/actresses is not in California, but they just come to Hollywood/LA area when they are making a movie or shooting their TV show.
But in such cases, I’m sure income earned due to those business activities is deemed to be earned and taxed in California, regardless of the legal state of residence of those people.
Just in general, I wonder too, if these high tech guys in Silicon Valley, who may have a legal residence elsewhere, will be taxed by California anyway, because a business is earning income based on business activity in California.
Red states need to require new residents to take a test on state and American history. Pass - you stay. Fail - you go back.
Californians going to other states should be quarantined for a period of time to see if they test positive for progressivism. Wouldn’t want that brain-eating disease to spread!
Tax them into oblivion!
These rich Californians have supported the destruction of this country through illegal immigration and leftist indoctrination in universities. It’s time for them to really get what they say they want.
Not only that, these leftist CA billionaires and multi-hundred millionaires hate your guts and censor you and deplatform you.
Make their state marginal tax rate 100%, above 1 million/year.
I’ve always heard the USVI had a high crime rate - drugs, etc. At one time its governor & DC mayor Marion Berry were tight. Barry had his administrative “off-site “ meetings there. I’ve been to the British VI a couple of times very nice quiet, safe ( Well was then !) and only 18 miles from the USVI.
High tax rates don’t always equate to high taxes paid. But talk of high tax rates always plays well with the gimme crowd.
Fine with me and tough crap for them.
If the ‘rich’ don’t like it, they can start by not trying to rig the election against Trump. If they do that (and get off of their Global Warming BS), then I might be willing to help them fight this garbage.
But, at this point, I am totally SICK of carrying the water for the rich - our payback for that is Antifa, BLM, and Censorship. For all I care, the government of California (or the USA) can seize EVERY PENNY they have.
Guam, where I used to live supposedly had a high crime rate as well. But, that was in the Chukese and other immigrant populations and on the tourist strip.
Besides, the ultra rich have money for security.I just don’t want them in Houston
California is on the Poseidon Adventure and everyone needs to abandon ship.The DNC will send in Shelley Winters to save Hollywood.
:)
The cost-benefit is high. One vote, but $100K in additional tax paid in.
OK, let us look at this problem from the other side. In 2016 California (CA) had an ‘undocumented’ population estimate of 2.2 million / 5.6% of est. 39.1 million. Of the public schools, K-12, 13.8% were ‘undocumented’ at a 2016 cost of $11.5k/year, probably a low figure as the 2020 estimate is around $19+k.
So, people come into California, keep wages low as they, being ‘undocumented’, work for less. CA’s tax revenues are depressed but their expenses keep rising, especially as the ‘undocumented’ qualify for mandated programs. This year is especially expensive due to the Wuhan Pandemic.
Oh, and to no-ones surprise, the State of CA and multiple municipalities within the state are suing the Federal Government (Trump) to include the ‘undocumented’ in the 2020 Census as not having them counted makes all of their per-capita costs more expensive when the burden is not SHARED!
Puts a different light on the tax picture, no?
Assuming the 80,000 millionaires paid the 100,000, that’s eight billion. Divided my 150,000 homeless it’s 53,000 a year which is still below the poverty line in California.
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