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It's like magic, maybe it comes from unicorn dust at the Magic Kingdom in Orlando? You are aware of the fact Florida collects over $100B a year in taxes, yes? Income tax isn't the only way to tax. It's also a good place to retire precisely because the large retired population doesn't require as...

Sorry, you're making no sense at all. I'll ask you for the third time to point out how many wealthy countries aside from the outliers I mentioned don't have relatively high taxes. If you want to live in Somalia go knock yourself out. It's the closest thing to what you seem to be advocating...

I did read the whole thing, although can't claim full comprehension of same. Didn't see anything impacting 1256, you're talking about section 1256 treatment of futures?

Well since I clearly said I lived in the Bay area and Glendale is 400 miles away in SoCal you've answered the question about you having any first-hand experience with living in CA. And again you didn't actually read the article, did you? A right wing rag states that although Nestle never states...

This is utterly senseless! How do you pay for police, fire protection, food safety, pollution prevention, the military, roads and other infrastructure, education...from "savings and investment". In what la la land can you show a bunch of prosperous countries that did that, whatever the hell that...

Did you even read the article yet? Let's summarize for you. A thread is started claiming that there is going to be an exodus from CA and NY because taxes. I point out that the kind of people who are starting businesses by the thousands in CA, myself included, aren't making decisions on where to...

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...

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.

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...

I think sarcasm is lost on these folks.

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...

Actually pretty much every first world country has relatively high taxes. In fact if you looked at the level of taxes actually paid per citizen you'd find a pretty direct correlation between level of taxes and level of prosperity. You should get out and travel a bit.

I run a location independent company, so no need to educate me on that. And I'm probably a better example than most having lived in more than a dozen states in a previous life in the military. When I started my first company I chose the place I wanted to live based on a variety of factors...

Are you claiming the information is somehow less valid because a study of something as long-term as climate change was released 3 months after is was completed? The news here, just to be clear, is not that scientists are still fairly sure humans are causing climate change. The news is that the...

You mean the states that return more to the Federal govt than they receive? Unlike pretty much every red state. Or the state that is reponsible for most of the technology that allows you to put out idiotic posts like this one? You clearly don't work in the tech industry, and even more clearly...

If each of the big oil companies are worth more than GM, why are we still subsidizing them with billions in subsidies (depletion allowances, MLPs, royalty free drilling on offshore federal land, "domestic manufacturing deductions" oil carveout...) If General Dynamics, Lockheed Martin, Northrop...

Truely cringe worthy!

You're looking at the decision as "do I take this $100 and invest it in my business or in the stock market", and your logic is imminently reasonable if that is the case. For many/most small business owners, that's actually not the decision. Most small business owners have most of their wealth...

It doesn't go below, it just gets a lot closer. Close enough that the utility of having that new French sailboat in May starts looking a lot more attractive than waiting 10 years to get slightly more money when the business is sold. Obviously I'm using some poetic license in my description of my...

As long as capital gains is significantly less than booking corporate profit plus dividend or passthrough of profit plus individual tax rate, I'm incentivized to grow the company with my excess revenue rather than book it as profit and distribute it.