Opinion: The tax bill deserves to die
- Thread starter ajacobson
- Start date
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 live based on taxes. You link to an article you clearly still haven't read which says people are leaving CA because of high housing prices. Which are a direct result of the demand for housing in places like the Bay area exceeding supply with no remaining buildable lots. You clearly haven't lived in the Bay area, and having lived in half a dozen other places around the country before living there I can tell you that absent having lived in NYC you have no concept of what the housing situation is there until you've lived there. So yeah, some people who scrimped living in a crappier house or with roommates while starting a company in CA may move to a place with cheaper housing. They're decidedly not moving because of lower taxes at their destination, or high taxes in CA. And they're certainly not moving to red state low tax meccas like Kansas. You have shown no evidence for that and you clearly don't have a clue wtf you're talking about since you seem to think Bay area housing prices are somehow related to high CA taxes rather than supply and demand without any logic to connect the two. Again, do you have the ability to think critically on your own, or do you just spout your party line and go find what you think are confirming facts without even bothering to read them? Seems like the latter from your posts so far.
Chew on this morsel from Nestle.
http://www.thegatewaypundit.com/201...lifornia-anti-capitalist-lawmakers-activists/
You're not from Glendale are you?
Sticking to its ignorant true-self, an official from Glendale, California said that Nestles departure was “no big deal,” and was actually an opportunity for them as the company moves thousands of jobs away from the area.
http://www.thegatewaypundit.com/201...lifornia-anti-capitalist-lawmakers-activists/
You're not from Glendale are you?
Sticking to its ignorant true-self, an official from Glendale, California said that Nestles departure was “no big deal,” and was actually an opportunity for them as the company moves thousands of jobs away from the area.
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 is? The fact is that absent a couple outliers like Monaco that manage to piggy back on other developed countries or countries that won the natural resource lottery, pretty much every prosperous country has one thing in common and that's relatively high taxes. It appears you haven't traveled much and haven't experienced this first-hand, but even some basic research should lead you to this same conclusion. Your statement "a nation can't tax itself into prosperity" is demonstrably false as evidenced by pretty much every prosperous nation. You've said nothing to demonstrate otherwise, except that you personally seem to feel it shouldn't be that way. Welcome to the world outside your echo chamber where people call you when you spout crap and can't support it.
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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 that taxes had anything to do with their move, clearly according to this reporter who is probably about as familiar with Glendale as you are is sure that it was all about taxes...and high housing prices, which you seem to think are due to taxes (Google prop 129 to learn about property tax in CA, it's the opposite of what you think.) If that's the best thing you can come up with to make your point, you've got a pretty weak point.
It is interesting to note the difference in a factory town mentality vs a progressive, dynamic area. If that Nestle factory was in the part of CA I'm familiar with, it's 1,200 jobs probably represents a fraction of the new jobs created by new startups every year. Generally higher paying, potentially earth changing jobs. So really, a public official in San Jose really could give two shits if Nestle moves their factory away, they probably can replace it with more productive, less polluting startup space that can employ many more in short order, or at least housing for those folks. It's a difference in mentality that it's hard to get an old school type to grasp.
From your own money of course. Not from other people's money. Don't brag about wealth if you can only pay for services by taking away money from other people. They are wealthy, you are poor. Sorry to rock your beggars' world.
As the national wealth goes up, taxes must go down over time.
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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?
