Posted on 12/29/2023 9:56:22 AM PST by ChicagoConservative27
Retired California public employees are flocking to Idaho with their pension funds and becoming the financial "lifeblood" of at least one Idaho town, ruffling feathers with some locals who are taking issue with the "liberal baggage" of the new residents.
The Los Angeles Times reported this month the town of Eagle, Idaho, has seen an influx of retired cops and firefighters moving to their town with many of them identifying as conservative but who "seem practically socialist to the old guard" with their large pensions.
Two California transplants squared off in the most recent mayoral race, and the key issue between the two former Golden State residents was "who was the least Californian."
(Excerpt) Read more at foxnews.com ...
Not satisfied with screwing up california.
California should make it illegal to move out if you’re on a state pension. If you do, you lose 80% of the pension.
Liberal baggage is a disease one has to be strong not to be infected with it.
If not remember there is no going back due to cell damage.
“The Los Angeles Times reported this month the town of Eagle, Idaho, has seen an influx of retired cops and firefighters moving to their town with many of them identifying as conservative but who “seem practically socialist to the old guard” with their large pensions.”
No, they’re NOT socialist due to having pensions. They simply worked in a career that provided pensions. I wouldn’t worry much about this bunch. The BIG PROBLEM will be when they start shipping migrants to Idaho.
Leftism and the Democrat/Communist Party are appropriately labeled as “progressive” ... as in “cancer is a Progressive disease”.
I hear they are going at us again on the 2024 ballot. It's just killing them. If we lose Prop 13, or Prop 19, whatever it is now, I'm out of here along with a huge amount of homeowners.
The weather is great but pretty much everything else sucks bad. You name it. There are real good reasons why tens of thousands are leaving on a regular basis. Lots of reasons.
Eventually when the rest of those die off who've been in their homes 25, 35, 45+ years, everyone will be paying sky high property taxes...This was cooked into it.
They'll eventually succeed in gutting it, do an end run around it with teams of lawyer politicians, or they'll just wait another few years for the the rest of those folks above to pass on.
They tried that back in the 90's, sort of. They wanted to tax pensions of workers who earned their pension in CA then retired elsewhere. They wanted to tax even military pensions of those who were stationed here. Congress passed a law that blocked it.
Surprisingly, CA voters passed a proposition in 2021 that homeowners over 55 could sell their house and take their tax basis with them to a new house. But yes, gutting prop 13 is a goal of the left, and they will do it eventually. I’m actually surprised some activist judge hasn’t already declared prop 8 unconstitutional.
Try buying up in CA when everything else has also doubled, tripled...whatever...That kind of thing is happening in a few other states now as well.
And the only way they can really cash in in CA, is to liquidate and get out. That’s how some of these people can leave the state, buy cash and still have a substantial amount of cash left over.
Btw, I agree, they will eventually dissolve it. In CA they want everyone paying the highest property taxes possible. The teachers unions, SEIU, LAPPL etc, all want the money and they’ll eventually get it, if not they won’t be able to cover all those lucrative pensions. The pension funds are already choking.
6th or 7th attempt
yes. I remember that when I lived there until 2011...except when you buy a home from the owner who had low property taxes, the new owner had to pay the rate according to the sales amount.
Thats correct, advantage the longer you stay.
If you are 55 or over and live in Cal you can buy and transfer your old property tax, a one time opportunity.
I think it was called the “Jarvis Tax act”. It was something that was done when the politicians still were accountable to the constituents. Remember when Ronald Reagan was governor? Its unfortunately turned to $hit. I grew up in Stockton.
We had a 5 billion surplus a big number in the 70s and Brown refused to gave any back to the taxpayers.
Howard Jarvis and Paul Gann were the most vocal and visible advocates of Proposition 13. Officially named the People’s Initiative to Limit Property Taxation, and known popularly as the Jarvis-Gann Amendment, Proposition 13 was listed on the ballot through the California ballot initiative process, a provision of the California Constitution that allows a proposed law or constitutional amendment to be offered to voters if advocates collect a sufficient number of signatures on a petition. Proposition 13 passed with roughly two-thirds of those who voted in favor and with the participation of around two-thirds of registered voters. After passage, it became article XIII A of the California Constitution.
*Everyone* votes their pocketbook.
“If we lose Prop 13, or Prop 19, whatever it is now, I’m out of here along with a huge amount of homeowners.”
You might want to beat the rush...lol.
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